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

To: PAR who wrote (505)	6/25/1998 11:39:00 AM
From: The Ox	Respond to of 726

PAR, I echo your sentiments, but I think you should take a look at the long term chart for PTCH. It is slowly moving north and the trading range has been moving slightly higher with time. This is one of the main reasons I pulled the trigger to buy more stock around the 1 1/4 level. Yes it may have been a little premature, but I for one think this is an excellent company and my strategy has been to try to pick the bottom, but I don't want to miss out on the next run. So I will continue to buy around the 1 1/4 level and lower (if it ever gets back there). Here's hoping we never see 1 again.... Good luck, Michael

To: PAR who wrote (505)	7/1/1998 2:10:00 PM
From: Machaon	Read Replies (1) \| Respond to of 726

<< I just don't like the idea of priviledged people being able to buy at about a buck and then selling much higher, this is like handing the money to them. >> This happens quite often in a lot of companies. It IS "handing" the money to them, and it is necessary. It's a way to lure and compensate higher skilled staff, especially to a small company. Hell...... How about the heads of big companies, such as Time and Disney, having gotten bonuses close to $100 million? Anyway, here's hoping for a fairly decent, upcoming earnings report. Anyone know when it's due out next? Regards, Bob