SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QSB
(Mark One)
x QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
- -- EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED
December 31, 1996.
-----------------
OR
__ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 For the Transition period from__________
to__________
Commission file number 0-8864
PACER TECHNOLOGY
- -----------------------------------------------------------------
(Exact name of small business issuer as specified in its charter)
California 77-0080305
- ------------------------------------------------------------------
(State or other jurisdiction of incorporation or organization) (IRS
Employer Identification No.)
9420 Santa Anita Avenue
Rancho Cucamonga, California 91730-6117
- ------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
909-987-0550
- ------------------------------------------------------------------
(Issuer's telephone number)
Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 12 months (or for
such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days.
YES XXX NO
--- ---
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
Common stock, no par value, shares outstanding as of December 31, 1996 were
15,713,475.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PACER TECHNOLOGY
February 14, 1997 /s/James T. Munn
---------------------------------
James T. Munn
President/Chief Executive Officer
February 14, 1997 /s/Roberto J. Cavazos, Jr.
---------------------------------
Roberto J. Cavazos, Jr.
Chief Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<CASH> 236
<SECURITIES> 0
<RECEIVABLES> 4486
<ALLOWANCES> 456
<INVENTORY> 4094
<CURRENT-ASSETS> 9982
<PP&E> 5310
<DEPRECIATION> 3802
<TOTAL-ASSETS> 13322
<CURRENT-LIABILITIES> 5030
<BONDS> 0
0
0
<COMMON> 8199
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 13322
<SALES> 12572
<TOTAL-REVENUES> 12572
<CGS> 8063
<TOTAL-COSTS> 11347
<OTHER-EXPENSES> (52)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 84
<INCOME-PRETAX> 1193
<INCOME-TAX> 710
<INCOME-CONTINUING> 1193
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 483
<EPS-PRIMARY> .03
<EPS-DILUTED> .03
</TABLE>
