RE: Pace shares holding up I hope so for you joe, since you really want to see it go... this seesaw battle makes a guy check things out a little more... we really got to get rid of all of those management merger or no merger... pce administrative cost is 25% of the gross profits.... if you check companies like bonavista and penwest etc.. some of the big guys their admin cost is about 10 to 12 %..... you are talking 20,000,000 to administer a 80,000,000 gross profits.
in the case of pce with about 180 employees ...the coffee runner must make about 100 grand a year so does the part time massage therapist....