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


To: GVTucker who wrote (9829)8/18/1998 2:40:00 PM
From: SG  Respond to of 11098
 
Gv, this contract is about 5% of the total sales of PRST and larger than that of Delta V. Not a small fish and only the tip of what could be down the road.

It is confirmation of the technology and the upcoming alliance with Delta V.

I am not worried at all and only look forward to more of the same.

You shorts are never happy.
First they don't provide enough information, then you say they are providing enough for "sufficient information to make projections for the next 6 months." Now you end with more questions of doubt about this news release.

You are starting to talk out of both sides of your mouth.

That sounds familiar.

Good luck to each and all.
SG



To: GVTucker who wrote (9829)8/19/1998 1:22:00 AM
From: Mad2  Read Replies (2) | Respond to of 11098
 
GV, you mentioned that the 10-Q was out. I've looked at Yahoo, Stock Pro and Edgar and don't see it. Am I missing something?



To: GVTucker who wrote (9829)8/19/1998 10:14:00 AM
From: GVTucker  Read Replies (1) | Respond to of 11098
 
In one of my posts from yesterday, I stated:

<< the most significant item was an increase in the liability, "Bilings in
excess..." once again. This liability is now up to $7.6mm. PRST says
that this liability is for both Delta V equipment and Fuji equipment.
PRST apparently has recorded this revenue and income and has a cash
outflow due over the next 6 months.>>

In a subsequent conversation with Jane Miller today, she clarified this "Billing" item. While I was correct in stating that this would be a cash outflow over the next 6 months, Presstek has not yet recorded this revenue and income on its books.