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Non-Tech : Monterey Pasta (PSTA) return to profitability ? -- Ignore unavailable to you. Want to Upgrade?


To: Jim Fitzgerald who wrote (101)6/15/2001 7:00:23 PM
From: Jeff Bond  Respond to of 114
 
-ot post-

i do not have any smtc right now, but that is one of the best investments i can think of.

you watch it carefully, and it looks like it is oscillating between $24 and $30-31. i am pretty sure the company is the buyer at $24 range (they have a share buyback program in place), but that is just a guess.

something i did notice, since you mention psta and smtc both. FMR is a branch of Fidelity, they are into both companies. not much in itself, but i've noticed for a while they are pretty savvy, so if you get into something they do early, you can do pretty well. in this regard, psta is looking like an even better investment than before.

regards, jb



To: Jim Fitzgerald who wrote (101)6/19/2001 3:23:06 PM
From: Jeff Bond  Read Replies (2) | Respond to of 114
 
in looking at the chart, it seems like psta is consistent in pulling back to the breakout level after a run up. if the pattern hold, the stock should retreat back to near the $7 level, where it would make an attractive buy at that time.

has anyone looked at the PEG on this puppy, with a p/e near 15 and earnings growning at a phenomenal rate? it has a tech growth rate, with the stability of a food stock. i'd have a hard time coming up with a better investment at this point in time, for balancing risk vs. potential return.

i'm going to order an investor relations package, curious what the company has in terms of information for investors. be glad to post anything of interest to the thread.

jim btw, i have a good friend who was recently laid off from lu, that company is going nowhere for a long time ... unless its further on down. the company has lost their vision, lost their technical edge, and lost some of their best people. what a shame ... for such a grand dream!

regards, jb