SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-QA
(Mark One)
X QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
- --- EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED
September 30, 1998.
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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
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PACER TECHNOLOGY
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(Exact name of small business issuer as specified in its charter)
California 77-0080305
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(State or other jurisdiction of (IRS Employer Identi-
incorporation or organization) fication No.)
9420 Santa Anita Avenue
Rancho Cucamonga, California 91730-6117
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(Address of principal executive offices) (Zip Code)
909-987-0550
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(Registrant's telephone number)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 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
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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 September 30, 1998 were
15,864,975.
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Item 2. Management's Discussion and Analysis of Financial Condition and
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Results of Operations.
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Certain Trends and Uncertainties
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Year 2000 Risks
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The 'Year 2000' issue concerns the potential exposures related to the automated
generation of business and financial misinformation resulting from the
application of computer programs which have been written using two digits,
rather than four, to define the applicable year of business transactions. Most
of the Company's operating systems with Year 2000 issues have been modified to
achieve compliance. It is anticipated that all remaining issues will be resolved
by March 31, 1999. Management does not anticipate any significant costs,
problems or uncertainties pertaining to becoming Year 2000 compliant. The
Company is in the process of surveying its major customers and key suppliers
to assess their Year 2000 readiness. A failure to successfully address the Year
2000 issue could have a material adverse effect on the Company's business or
results of operations. Therefore, the Company's contingency plans for reme-
diation actions include the use of alternate suppliers and/or the manual
performance of certain administrative tasks that would otherwise be performed
by the Company's computer systems.
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SIGNATURES
PursuanttotherequirementsoftheSecuritiesExchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
PACER TECHNOLOGY
January 27, 1999 /s/James T. Munn
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James T. Munn
President/Chief Executive Officer
January 27, 1999 /s/Roberto J. Cavazos, Jr.
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Roberto J. Cavazos, Jr.
Chief Financial Officer
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