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


To: SG who wrote (7798)1/14/1998 9:43:00 AM
From: Brent  Read Replies (1) | Respond to of 11098
 
SG, Don't be so hard on yourself. Just because you think shorts want to destroy the world doesn't mean you're goofy, just misinformed.

I didn't read ALL the news about the revenue that would offset the revenues. I read one PR that said orders for the DI WOULD be down, but they HOPED other revenues would be up enough to offset. They're not even sure they'll be able to offset the loss in revenue, let alone, increase revenue at the prior pace (i.e. keep the 61 p/e).

No PRST isn't the only one down, but those companies had too high of p/e's as well.

Good luck,
Brent