To: JFD who wrote (7648 ) 1/4/1998 9:59:00 PM From: NEIL MACK Read Replies (2) | Respond to
JFD, There are many firms that are sued nearly every day and for nearly every reason you can imagine. Microsoft, GM, even Disney.....However right or wrong the suits may be, their stock price continues to rise due to the fundamentals of the company and the products they continue to produce. Paul sees Presstek as a washed up company, surpassed in their technology niche and no real source of continuation of income that would put the skids on their record earnings. As intelligent as Paul portrays himself on the thread, I believe him to be blinded by the recent downturn of the stock and his own interpretation of recent events. Investors chase earnings and Presstek has the ability to earn many times their current earnings based on the direction of their technology. There are so many different announced projects that are right now approaching production status, that it is quite impossible for the company to not increase their profit margins by many times over the near future. The clues we have learned by studying the recent patents show incredible and marvelous technological advances. It is quite clear that the bears have no interest in publicly acknowledging they exist or that other major agreements provide any income to the company. I am quite sure the bears hope and pray Presstek IS bound by confidentiality agreements, not permitting them to report this forward information.
