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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: John Carragher who wrote (3720)1/10/1999 1:46:00 PM
From: Gary  Read Replies (2) | Respond to of 17183
 
The stock you are referring to wsa Pressteck PRST. It had a big run and Cabot were advising thier subscribers to buy it. The shorts got killed and started a law suit. PRST is a high tech co. affiliated with the printing industry.Some research and a bit of an inside track on the co. kept me away from it.
There is a co. though with simular technology but much better that hopefully will go public over the next year. I know Goldman & Sacks put $125 Mil. into it 2 1/2 years ago.They will want their money back and after talking with the CFO know the firm is making a nice big profit. The CEO took another co. pubic in the 80's and was bought out by Motorola. He knows how to be successful and invent things. That's for another day!