Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (10896)	7/1/1998 3:54:00 PM
From: Jenna	Read Replies (2) \| Respond to of 120523

PRST..MACD was bullish going into today and the volume indicators were bullish as well. Stochastics indicated it was way oversold. This stock has been touted for over a year now as the stock of the decade by a very famous newsletter editor. I know they ended up losing a lot on it and I think they finally issued a sell on it. I am not partial to the sector as the other competition isn't exactly in a dynamic updraft either. I like this stock as a possible 'dead cat bounce . I expected it to go to 12 a while back and now I could see it going quite a bit higher in the next 6-12 months. Unless I'm mistaken analyst coverage is scant. I've never had it on a watch list nor did it ever come on any scans, but it might tonight. PRST: GROWTH RATES 1 YEAR 3 YEAR 5 YEAR Revenue 88.30% 76.98% 48.78% EPS 92.86% 90.88% 29.30% although this year's EPS acceleration has been a de-celeration from .09 .10 .13 to 0.7 cents 7/01/98 - PRESSTEK ANTICIPATES HIGHER REVENUES BUT LOWER EARNINGS FOR SECOND QUARTER -- Presstek, Inc. (Nasdaq: PRST), a leading provider of digital imaging technology, today announced that it anticipates earnings of around $0.02 per share for the second quarter ending July 4, 1998, compared to $0.10 per share for the same period a year ago. At the same time, revenues are anticipated to reach approximately $23 million for the quarter, compared to $21.8 million in the same period a year ago