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Non-Tech : Monterey Pasta (PSTA) return to profitability ?

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To: Jeff Bond who wrote (97)6/14/2001 12:09:36 PM
From: Feraldo  Read Replies (1) of 114
 
Almost bought yesterday, but stupidly hoped that PCLN would take off. Market really got me there.

I did buy today, though, on what I consider the official break out day. Huge volume so far, looking at 231,200 right now. 7.45 X 7.49. Bought earlier today at 7.49, and somehow they got shares for me at 7.50, though it was not the ask. Oh well only a penny. Definitely think that it is one of those value stocks that the fellows at CNBC keep saying to get in, then they reccomend some tech stock.

I guess the earnings growth will take a hit this year, as far as the bottom line. Taxes are finally catching up to them. They have been steadily adding new grocers, though. 147 new stores today. That's only a 2.4% increase, but that'll translate into a little more in the actual sales column, I would think.

Anyway, hopefully in for the long haul. Anyone know what is sititng at 7.50? Is there a big block there or something? The stock just seems to be acting like there is one, but I don't have level II to check it out.

Later
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