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

To: GVTucker who wrote (10039)	10/7/1998 4:26:00 PM
From: Steve Andrew	Respond to of 11098

Good Luck to all of you.... I covered my last 7000 short shares today and am now officially 100% flat in position. It has been a great ride down and the most profitable short-sale I've ever made. I will now remain no more than a lurker here and may actually root for the stock to trade higher (mostly for Neil as he seems worthy of seeing his capital returned to some degree). Scott, save us the attacking angry tones and you'll not hear from me. I hope all your PRST dreams come true. It does get tough to milk a dry cow sooner or later. Again, good luck to you all. Steve

To: GVTucker who wrote (10039)	10/7/1998 5:42:00 PM
From: SG	Read Replies (1) \| Respond to of 11098

GV, I have confirmed much of what Neil Mack has said about the interest level in DI that Heidelberg has created with the splashy show at IPEX. Many printing press manufacturers will now have to contact PRST for they are the only supplier of such technology. I find it interesting that there is very little talk about the competition for the thermal market. CTP is about 5% of the 2 billion dollar market. Kodak and the other plate power houses are not going to change gears in mid stream and loose all of the capital equipment invested in to produce standard printing plates. PRST on the other hand has never been saddled with that burden and can continue its lead in the development of thermal imaging and CTP and DTP. The companies that will have to seek help from PRST are also not likely to make a big fuss and may in fact force PRST to not talk about the new ideas and products. This would allow them to reduce the existing inventory of older non-DI presses as the new ones are geared up. I have confirmed that PRST will be exhibiting a portfolio of new products from a number of partners at DRUPA 2000. Compare this to what happened at DRUPA 95 when they only had one product with one partner (QM-DI/Heidelberg). It is clear that the end of these difficult growing pains are coming to an end. Steve Andrew says that he covered because he can no longer get milk from a dry cow. I choose to believe that the upside potential has started to outweigh the risk on the down side. Given the new management team and the veteran players, all drafted from great teams, it stands to reason that PRST is on the verge of another great explosive growth story that will carry us across the goal line. Teamplayerscott