The Monterey Pasta Company produces and markets premium quality
gourmet pasta & pasta sauces using natural ingredients. PSTA
markets & sells through grocery, club stores and nat'l distributors.
While PSTA has had many problems in the past and has suffered
substantial losses, it now seems that the new management team, headed
by the new CEO Kenneth Steel, is poised to turn this company around.
Insiders have also been accumulating stock.
04/17/97
Select Federal Filings Newswires
(Copyright (c) 1997, Dow Jones & Company, Inc.)
FORM 4
ISSUER: MONTEREY PASTA CO.
SYMBOL: PSTA
FILER: STEEL KENNETH A
TITLE: Officer and Director
PURCHASED: 03/28/97 155,000 1.35
OWNERSHIP: 185,000
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ISSUER: MONTEREY PASTA CO.
SYMBOL: PSTA
FILER: STEEL ROBERT F
TITLE: Director
PURCHASED: 03/28/97 150,000 1.35
OWNERSHIP: 150,000
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ISSUER: MONTEREY PASTA CO.
SYMBOL: PSTA
FILER: TUNSTALL VAN
TITLE: Director
PURCHASED: 03/28/97 25,000 1.35
OWNERSHIP: 25,000
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ISSUER: MONTEREY PASTA CO.
SYMBOL: PSTA
FILER: SERBIN JAMES S
TITLE: Chief Financial Officer
PURCHASED: 03/31/97 5,000 1.35
OWNERSHIP: 5,000
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EARNINGS PER SHARE
(U.S. Dollars)
QUARTERS 1993 1994 1995 1996
MAR -0.01 0.01 0.03 -0.03
JUN 0.00 -0.03 -0.04 -0.01
SEP 0.05 -0.03 0.02 -0.68
DEC 0.02 -0.17 -0.13 -0.18*
TOTAL 0.06 -0.22 -0.12 -0.90
FIRST Q results are in!
biz.yahoo.com
losses were cut down again. > -.05
At the current rate, PSTA should be profitable next Q |
