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

To: SG who wrote (9681)7/14/1998 12:21:00 PM
From: NEIL MACK  Read Replies (1) | Respond to of 11098
 
Scott, As close as I can tell, someone purchased about 68,000 share in three buys within a couple of minutes this morning. Paul....did you cover....or did someone in the know buy?

Neil



To: SG who wrote (9681)7/15/1998 1:58:00 AM
From: Olu Emuleomo  Read Replies (1) | Respond to of 11098
 
Olu, what do your charts tell you. We are up on decent volume?

Scott, the charts say we are *still* in a downtrend. We may rally to the 50day EMA (at around 14), but we will MOST LIKELY be turned back to close at a new low. That has been the trend this year!
For the trend to change, we need to

a)trade a daily volume of 500K plus for at least 3 days
b)close above $20

--Olu E.


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