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Technology Stocks : Presstek -- Stock of the Decade?? -- Ignore unavailable to you. Want to Upgrade?


To: Olu Emuleomo who wrote (7683)1/6/1998 10:38:00 AM
From: GVTucker  Read Replies (1) | Respond to of 11098
 
Two thoughts regarding the Heath purchase.

First, I note that Heath signed a distribution agreement with Presstek back in 1995 whereby Heath would sell the PEARLsetter under private label. This may have been a motivation for the purchase, but I haven't really thought it out.

Second, Heath is listed in many categories by a trade group, one of which is "Platemaking, Digital." Perhaps Presstek is just trying to acquire some use for its excess capacity.