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Microcap & Penny Stocks : Pacer Technology??
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To: Daniel K. Marples who wrote (21)10/30/1996 6:05:00 PM
From: John M. Powell   of 65
 
Dan,
You are right, earnings for 1996 were great and it seems like a good time to pick up some more shares at the $1 level. As far as Rectite, the last I heard was they are looking for FDA approval by year end. I was in LA back in May and visited the company on a Sunday and spent several hours touring the place. I was very impressed with there setup to say the least. We also talked about Rectite and they indicated that the product is for real and it works as designed. The FDA approval is for proving that the glue left on the carcus will not be harmful for cattle because after the chicken is processed the carcus is ground up and fed to livestock.

Later,
JP
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