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

To: NEIL MACK who wrote (7778)	1/13/1998 2:10:00 PM
From: Pierre Panet-Raymond	Respond to of 11098

Neil, my eyes are wide open and I will continue to hold on to my puts. Neil, you have put all your eggs in one basket by my reckoning and that is NEVER prudent. Sometimes lucky, but never prudent. What if the stock doesn't recover Neil? In your post # 7267 to Paul you talked about receiving a margin call when the stock closed at 27 on December 11th. What if the stock slips to 20? That looks like the next test of support. Since May 1995 this level has been tested 4 times and now a fifth test seems imminent. If that level is breached, who knows where the next level of support is to be found (my guess 9-12 from the long term chart). There is a great deal of uncertainty surrounding the stock, and investors confidence was further shaken by the unprecedented settlement with the SEC by Messr's Howard and Verrando. Neil, I hate to say it but your postings are starting to sound more like pleadings.