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

To: lknapp who wrote (430)	4/28/1998 1:50:00 PM
From: David K.	Read Replies (1) \| Respond to of 726

When the general market weakens, it's often the small stocks like ptch that get quickly dumped. Also, investors don't realize that ptch is gearing up for solid growth. They just see that the earnings were the same this quarter as last quarter ($.02). They fail to accept the following: Higher net sales. Higher operating income Improved gross profit on sales. Improved net income. Larger amount of working capital (12.4 million vs 5.7). Improved current ratio ( Assets/Liabilities). Bank loan to 0. Improved retained earnings. Improved shareholder equity. They want to buy stocks with sizzle (related to the internet, drugs, computers, hot technologies). A solid little company like ptch selling adhesives and nail products does not give them a thrill. But as the company continues its growth, the price will move much higher. It's hard to believe that a company with a potential revenue in 4-5 years of $100 million will remain at a market cap of $22. 3 million. ÿ

To: lknapp who wrote (430)	4/28/1998 9:17:00 PM
From: Kurt T.	Respond to of 726

Loy, you just gave an excellent analogy with your CADE example. I can really attest to that as I traded CADE myself. As a matter of fact, the day I called my broker to sell CADE at $2.75 (I had bought during a dip just above $2.00 so I didn't want to be greedy), my broker was telling me that someone else had just called in to him to buy CADE. I told him that they were going to do well, that actually, the more I reflected on it, I didn't know why I wasn't holding and buying more of this quality little company anyway. I heard myself speak but I wasn't listening - if you know what I mean. My sell order for CADE was in and that was it. Finished. I wish I still owned CADE, and I'm glad I still own PTCH (and may buy even more if I can). Hey, thanks for the wake-up here, I really needed it. We've got a fine little company here, I just need to relax and chill. Kurt T.

To: lknapp who wrote (430)	4/28/1998 9:28:00 PM
From: Kurt T.	Read Replies (1) \| Respond to of 726

Loy, While I'm at it, I may try a little junior TA work. As today we were down on drying up volume, I think we have hit a short-term bottom. If anyone wants more, they better get it now. I think we'll start the move back up, probably just to around the $1.75 area, where we will base for some time for a little breather. From that point, I think it is onward and upward. Maybe we can get Malcolm L. back in, if he is not already (he is a class act, and I think he knows his stuff - and PTCH as well). Good Luck. Kurt T.