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Microcap & Penny Stocks : Pacer Technology (PTCH)

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To: Kevin who wrote (549)8/19/1998 5:01:00 PM
From: The Ox  Read Replies (1) of 726
 
I think the numbers look solid. By the end of next fiscal year we should start seeing SG+A substantially reduced as a percentage of sales, as well as increasing margins.

PTCH looks to be on target to exceed $40 Million in sales in FY99, up from the $31 Million from this year. If the company can begin to generate eps of 4+ cents per quarter by the end of this fiscal year, which should be achievable IMO, I don't see why this stock can't trade in the $2 to $2.50 range by this time next year.

Anyone else see it differently?

Michael
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