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


To: SG who wrote (9806)8/6/1998 2:47:00 AM
From: VLAD  Read Replies (1) | Respond to of 11098
 
Scott,

This sinking ship really took on some serious water today. Some important technical barriers were broken which I believe will force continued downward pressure. Anyone who really wants to buy into PRST at best price will only need to keep waiting and watching and not be in any hurry to buy. I am sorry that all your time and faith in PRST has not rewarded you in terms of stock appreciation. Mr Lutts BTW is a momentum investor and is only concerned about making a buck just like anyone else. He probably doesn't give a damn about PRST anymore and now has to decide if he should look like a fool and recommend selling or if he should ride PRST to sub 5 and then look like a bigger fool. Any way you cut it, his stock of the decade can now be classified as his flop of the decade. The only one making money on Lutts' picks is Lutts since he can load the boat before making his buy recommendations.