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


To: GVTucker who wrote (9842)8/19/1998 11:30:00 AM
From: Brent  Respond to of 11098
 
Looks like Briefing.Com is a day behind on the news:

10:26 ET Presstek Inc (PRST) 12 9/16 +2 9/16 (+26%): --Update-- Shorts having some pressure applied this morning. Though today's news nothing spectacular, traders look to attack shorts whenever the opportunity presents itself by streaming into the stock and forcing the shorts to cover. Stock reached an intraday high of $13. Volume 300K

09:55 ET Presstek Inc (PRST) 11 1/2 +1 1/2 (+15%): Former high-flyer announced signing of a deal valued at more than $5 mln to supply Southwall Technologies (SWTX) with film coating equipment. PRST is one of the most heavily shorted stocks on the Nasdaq, with a short/Interest ratio of almost 18 days, though down from last month's level of 32 days.