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


To: Joe Wise who wrote (10137)11/2/1998 11:54:00 PM
From: Mad2  Read Replies (2) | Respond to of 11098
 
Joe, You need to go back about 400 messages and start reading them. That will give you a good idea concerning the divergence of opinion that has been expressed here. BTW cash flow is ok, no extraordinary costs to speak of, gross margin is down (product mix) and leads to the $64,000 question, that being when will it turn around? 3 months? 6 months? 12-18months??? Will the return to profitability be accompanied by sales growth? What rate of growth? Will it be in consumables or press kits?? What will be the respective gross margins? How about royality streams (any)? Will PRST be spending additional cash at this point (facilities, such as mentioned in managements recent discussion)? At this point no one knows these answers. If PRST does they aren't saying, other that a "turn around" is expected some time between 1999 and 2000. Currently there isn't any analyst coverage and management seems to be making an effort to avoid sins of the past that included hyping the company and contributing to the state of hyperinflation of the stocks value. There are a number of active shorts that participate on this thread and they have made a few sheckles. IMO if it goes back to the 11-12 range it's woth shorting again.