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

To: Larry who wrote (402)	4/7/1998 6:39:00 PM
From: JAG2	Read Replies (2) \| Respond to of 726

Looks like a Break-Out To Me. Look at the Chart, it broke-out above the 15 year high. This company has an unbelievable chart, trading in the tigthest range I have every seen for a stock ........ in the $1-$1.50 range for the last 15 years. With this stock breaking out, on high volume, like it did today, there is no resistance above, and could move up nicely. What makes the break believabe is the NEW COMPANY they purchased that will double revenue. Also, this companys balance sheet has been improving and the PE is good. I remember seeing the Chairman on TV last year, saying he was going to start acquiring companys and grow earnings. I have watched the stock and finally bought today.