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Microcap & Penny Stocks : Pacer Technology (PTCH) -- Ignore unavailable to you. Want to Upgrade?

To: WallStBum who wrote (695)	10/25/1999 5:48:00 PM
From: swoboda4	Respond to of 726

Thank you for the post. Do you have any opinions?

To: WallStBum who wrote (695)	10/26/1999 8:46:00 AM
From: WallStBum	Read Replies (1) \| Respond to of 726

Well, I guess it's better than nothing right. Plenty of micro companies out there that don't really seem to care about their stock price. At least there's some behind the scenes action to improve things. For my part, I'll wait to see some definitive direction before buying PTCH again. The Committee is dissatisfied with Pacer's share price performance in recent years and notes that Pacer's stock has significantly under performed both the Standard & Poor's ("S & P") 500 Stock Index and the S & P Chemical Index. In the Committee's view, the current directors and certain members of management are determined to continue managing Pacer without regard to the best interests of the shareholders and, therefore, need to be replaced in order to maximize shareholder value, improve earnings, and restore analysts' confidence in Pacer. The Committee believes that the individuals it intends to nominate as directors - D. Jonathan Merriman, Geoffrey Tirman, James T. Munn, Howard J. Bloom, Allen D. Barnes, and Claude M. Ballard - possess the expertise and experience necessary to implement an effective strategic plan for Pacer to maximize shareholder value. The Committee has retained D.F. King & Co., Inc. to assist it in its solicitation. For a copy of the Committee's preliminary materials, shareholders may contact D.F. King & Co., Inc. toll-free at 800/207-2872