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

To: Brent who wrote (7859)	1/15/1998 4:21:00 PM
From: SG	Read Replies (1) \| Respond to of 11098

All: I believe that "released without prejudice" allows the released party to be called on to the carpet again, if need be. The reason, IMHO that the tension has risen on this thread is as follows: Shorts- All the aces have been played, what will they find to cry about as memory fades and profit soars. They reaaally want to cover one more time. Longs-News, News and more news yet the damn thing won't start. Time is on our side. SG

To: Brent who wrote (7859)	1/15/1998 5:54:00 PM
From: Nanny	Read Replies (1) \| Respond to of 11098

Brent, let me tell you about my broker! She's an endangered species on Wall Street today. I went to a seminar she had one time. The speaker said their investment style was "time in the market not timing the market". I invested in that fund and still own it. I like their style. My broker comes from the old school of buying stocks with your objective identified when you buy and staying the course. Although I'm sure she has had to adjust to todays methods (she tells me when the points and figures charts gives a sell signal on a stock and sometimes turns right around and gives a buy signal a week later), she does not load me up with opinions like todays brokers do. I turned her on to Presstek, not the other way around. She told me when points and figures gave a sell signal on the way down from $200. She knew I was in for the looooong haul. You brokers today want to get in and get out. Most investors, not traders, do not like that. She's still buying Disney for her clients even though she knows I'm selling because there's a boycott. I've been with her a long time and she never calls me up (or any client for that matter) and says "this is going to happen". She will say "I think this is a company worth taking a look at" or "in my opinion, you should consider reducing your position or adding on to your position" but never YOU'VE GOT TO DO THIS. Today's brokers put it all on the line with "YOU CAN TAKE THIS TO THE BANK" opinions! When it turns out you're on your way to the poor house instead of the bank, the broker just looks for new clients or "marks". Patience, patience! There doesn't seem to be a lot of patience on Wall Street today. I'm just afraid that today's Wall Street will cause her to retire earlier than planned and it will be my loss. I told her so today! I agree with JM as far as being displeased with the way things have had to be settled with Presstek officers and the SEC. If I had had any inkling that these things were going to happen when I started buying Presstek, I probably would have avoided the controversy. It still doesn't take away from the fact that this company has patents, patents, patents, PATENTS, PATENTS, PATENTS that will make competitors envious.....AND investors that miss this opportunity LONG TERM! Witness: FUJI! So, NO, we lemmings were not happy with all this stuff that happened, just not unhappy enough to take the chance of missing out on all the great rewards that could be just beginning. Regards, Nanny BTW I pay full commissions and refer new clients to her regularly. In return, she notifies me everytime there is news on my stocks and faxes me press releases and any other information I ask for! My broker and I understand each other very clearly!