Pacer Technology (PTCH) Message Board

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Microcap & Penny Stocks : Pacer Technology (PTCH)

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To: mr. ed who wrote (498)	6/16/1998 12:29:00 PM
From: WallStBum	Read Replies (1) of 726

Your guess is as good as mine, but if I didn't think PTCH was good company with great potential I wouldn't be wasting my time hanging out here and I wouldn't hold my shares. I'm certainly not expecting a ten-bagger within the next year, but a double or better is not out of the question, either. I'm really waiting to see the results of this quarter to see whether Cook Bates really does something wonderful for us or whether it's not all that great. But for now, PTCH has .06 earnings for prior 3 Q's so theoretically .08 for the year without bates. At 1.25, you get a PE of 15. At 1.50 PE is 19, which is why I've said imo any price less than 1.50 is fair. Any price 1.25 or less is a bargain. If the PE matched the growth rate on a Peter Lynch thought process, maybe anything less than $2 would be a bargain. (wishful thinking) dax

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