Monterey Pasta (PSTA) return to profitability ? Message Board

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

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To: Jim Fitzgerald who wrote (101)	6/19/2001 3:23:06 PM
From: Jeff Bond	Read Replies (2) of 114

in looking at the chart, it seems like psta is consistent in pulling back to the breakout level after a run up. if the pattern hold, the stock should retreat back to near the $7 level, where it would make an attractive buy at that time. has anyone looked at the PEG on this puppy, with a p/e near 15 and earnings growning at a phenomenal rate? it has a tech growth rate, with the stability of a food stock. i'd have a hard time coming up with a better investment at this point in time, for balancing risk vs. potential return. i'm going to order an investor relations package, curious what the company has in terms of information for investors. be glad to post anything of interest to the thread. jim btw, i have a good friend who was recently laid off from lu, that company is going nowhere for a long time ... unless its further on down. the company has lost their vision, lost their technical edge, and lost some of their best people. what a shame ... for such a grand dream! regards, jb

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