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Microcap & Penny Stocks : Pacer Technology (PTCH)
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To: The Ox who wrote (548)8/19/1998 6:21:00 PM
From: David K.  Read Replies (1) of 726
 
The most interesting point here is that fact that ptch had positive earnings. Often after takeovers, companies seem to report a loss while ptch earned 2 cents for the quarter and 9 cents for the year ( 1 cent more than Borders earned last year). The increase in sales from last quarter increased 19 % and 53% over the forth quarter of 97. Once the Cook Bates operation is fully integrated within ptch, I expect to see a quality improvement in earnings, gross profits, working capital, net income, stockholders equity. gross margins, and operating margins. The management has so far done a superb job of bringing their new acquisition into the Pacer fold.
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