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


To: Gary who wrote (653)4/5/1999 2:45:00 PM
From: Ken Ludwig  Read Replies (1) | Respond to of 726
 
Gary, Between folks such as you and guys like DaninFW on the Yahoo! thread and me we already own quite lot of stock. More to the point the Board owns only about a third of the shares and that includes whatever Jim Munn holds. Talisman will go its own way and perhaps make some suggestions as to what that way is. Once they announce any intentions that might be time to seriously talk about a share block. For my part I am "waiting and seeing" for now and reviewing my other holdings to see if I want to increase my stake here. If this shapes up as a fight or competition we will ALL hear from one side or the other. My hope is a friendly and productive redeployment of assets and acceleration of the business plan to either sell the company, take on a deep pocketed partner or do a major acquisition that makes sense. The option to stand pat is gone. If the board tries to protect itself under the guise of protecting us(shareholders)we will be in a fight and likely our best option, barring other players, would be to assist Talisman in whatever plan it develops.