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


To: Pierre Panet-Raymond who wrote (7917)1/21/1998 4:41:00 PM
From: Pierre Panet-Raymond  Read Replies (1) | Respond to of 11098
 
The bottom half of the last paragraph of yesterday's release would worry me if I were long. I would be interested in the reaction of Nanny, Neil, Tom etc.

We view 1998 as a 'transition' year for Presstek, and
during which we will continue our equipment, manufacturing and development work with the goal of further strengthening our promising and growing consumable printing plate business. We are making substantial investments today in our planned next generation laser imaging systems, new ablation printing plates, and, of course, our new plate manufacturing facilities to help achieve our goal of obtaining maximum industry use of our proprietary printing plates and technologies in the future. At the same time, the industry we serve moves cautiously. Expectations for the future must be tempered with the reality of the market's desire and willingness to change, as well as the unpredictability of many complex variables which face our
new and established commercial relationships. It is not an easy course to navigate, but we believe we are in a position to maximize the opportunities that lie ahead.



To: Pierre Panet-Raymond who wrote (7917)1/21/1998 6:42:00 PM
From: NEIL MACK  Read Replies (3) | Respond to of 11098
 
Pierre, I seriously doubt the research this publication put into their article. It was so flawed regarding the Presstek data, I seriously question the author's credibility here. My research and many other publications state much higher numbers, as you well know.

BTW, Why would it be Presstek's position to confirm or deny DI's quantity in the marketplace and make a correction? Rather, it appears to me to be Heidelbergs responsiblity to require that the magazine correct their error.

Pierre, you know as well as I, this type of info is garbage.

Neil