Presstek, Inc. (PRST)

having worked in the digital imagining oem sector i find the long term for presstek desirable but short term i believe they will underperform. Presstek's new managament team has done a good job at cutting cost and eliminating debt. But their mainstay revenue is the sale of consumables. the Equipment side of the business has showed a drastic decrease in orders and have consequently miinimize the manufacturing business. In general the the industry is in contraction this in conjuction with the global ecomonic turndow and credit crises put Presstek at risk for substantially under performing.

having worked professionally for presstek i found the new managament team woking very well to cut cost and has a strong desire to introduse new technologies for the digital printing industry. It is the general consenous the industry is very volitle and orders for new equipment is severly lacking. Presstek has not been successful introducing new technologies in a timly manner. While presstek does have new product designs (equipment) on the boards they have not been successful in bringing them to market. this in conjuntion with the general contraction in the industry for orders of new equipment and the global credit situation places presstek at high risk for underperforming. Presstek has very low margins on printing equipmnet but does well with the media use in the industry. The printing media is the mainstay of their revenues while presstek continues to struggle in the capitiol equipment segment of their business.