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Microcap & Penny Stocks : Pacer Technology (PTCH)

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To: PAR who wrote (505)7/1/1998 2:10:00 PM
From: Machaon  Read Replies (1) of 726
 
<< I just don't like the idea of priviledged people being able to buy at about a buck and then selling much higher, this is like handing the money to them. >>

This happens quite often in a lot of companies. It IS "handing" the money to them, and it is necessary. It's a way to lure and compensate higher skilled staff, especially to a small company.

Hell...... How about the heads of big companies, such as Time and Disney, having gotten bonuses close to $100 million?

Anyway, here's hoping for a fairly decent, upcoming earnings report. Anyone know when it's due out next?

Regards, Bob
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