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


To: Mad2 who wrote (10111)10/22/1998 7:45:00 AM
From: GVTucker  Read Replies (1) | Respond to of 11098
 
Beyond the obvious stuff, I took note of three things that have stuck in my mind.

1) Hallman stated unambiguously that Presstek was currently a niche player in a small niche. To his credit, he wants to change that, but the fact remains that Paul has been correct all along that Presstek is a small niche player.

2)The Batelle deal is still not done, six months after the announcement of the letter of intent. It's quite apparent now that the deal was prematurely announced in a futile attempt to find a thread of good news.

3) The good news for PRST shareholders is that it appears that you finally have a management team that will not issue deceptive and misleading announcements. This is a long term positive. The bad news is that you have a management team that will not issue deceptive and misleading announcements, and thus there will not again be the hype that can run the stock to 30, 50, or even 100. The news is bad now, and you're going to have to deal with it.