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

To: Pierre Panet-Raymond who wrote (7953)	1/23/1998 11:51:00 AM
From: SG	Read Replies (1) \| Respond to of 11098

Lets use the numbers from the 10Q's, shall we. Cash Flows Q1/97 Property and equipment purchases 7.8m End of period cash and equiv. 2.9m Q2/97 Property and equipment purchases 17.m End of period cash and equiv. 2.7m Q3/97 Property and equipment purchases 23.2m End of period cash and equiv. 2.7m Tell me please how PRST has not spent huge sums of money on expansion of the plants and the production capacity of said. How would you do this without spending cash and financing part of it. It may not all be charged against these Q's but 48 million in 3Q's is a lot of investment in property and equipment. I think they must expect some reasonble return on that investment, and so do I from the shares I hold. My only fear is that PRST takes off before FTEL. I would like to buy some more PRST at this level. SG