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

To: SG who wrote (7996)	1/26/1998 6:02:00 PM
From: GVTucker	Read Replies (1) \| Respond to of 11098

<<Some one help me here??? I can't think when i'm hungry<ggg>>> Here's a little help, Scott. Assuming your numbers are correct, gross customer purchases does not equal gross revenues to Presstek, much less net revenues.

To: SG who wrote (7996)	1/27/1998 10:45:00 AM
From: Pierre Panet-Raymond	Read Replies (2) \| Respond to of 11098

"Pierre, Please tell me in detail the significance regarding your intense desire to prove that there are only 175 QM-DI installs in the US." All the bulls believe that there are at least twice as many installations. The U.S. is significant because I have a tape of Ron Kendig from Heidelberg USA saying that the U.S. is so important because for this press, unlike others, the U.S. or N.A. market represents over 50% of the world market. This quote was from a LHUG User Group conference call in June 1997. At that same meeting Kendig also stated that there were 500 QM-DI's installed, but that number has never jived with PRST's plate sales numbers in their financials. The DPX article was the first time to my knowledge that this installed number has been in print. It btw, corroborates a number I heard from a number of different parties in the last few months. PRST made no attempt to correct that number in their Jan 8th News Flash posting, which of course has been since edited to remove the language concerning the settlement "in favour of PRST" of the the suit against Lustig et al. I want to sincerely thank Nanny for bringing this matter to our attention so promptly with her January 10th posting. The number's further significance of course lies in predicting how many kits Heidelberg is likely to take in the forseeable future. If the number in Heidelberg's inventory is 600, the answer is probably zero for the next couple of years. Since Heidelberg represented 83% of PRST's revenues in Q# '97, that is a "mighty big shoe to fill".