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


To: James C. Shircliff who wrote (10048)10/8/1998 8:12:00 PM
From: SG  Read Replies (1) | Respond to of 11098
 
James, my heart is lifted to know that you would go long, but for me posting here. What a Joke.

I hope you are holding your breath until I take a loss on PRST. It aint gonna happen.

Actualy, having you as a long would be great. Your overheated opinions would give the shorts an even better target than mine.<ggg>

I will not be posting for a few days so this could be your start.<ggg>

Good luck to each and all.
SG



To: James C. Shircliff who wrote (10048)10/9/1998 7:28:00 AM
From: GVTucker  Read Replies (4) | Respond to of 11098
 
<<Oh, BTW, what is Carlton's sale point? Is he getting near?>>

Lutts' published buy point for Presstek (which has nothing to do with any subscriber's cost, of course, because he doesn't include the numerous times he told people to 'average up') is $7. If he holds true to the 20% loss stop on original cost, that comes to a 5 1/2 stop.

Funny thing is, given all the share sales from CMM and the length of this extended decline, it wouldn't surprise me if a "sell" by the Cabot Market Letter had no effect at all at this time.