UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C. 20549

                         SCHEDULE 14A INFORMATION
                              _______________
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of
1934

Filed by Registrant ___
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___  Preliminary Proxy Statement
___  Confidential,  for  Use  of  the Commission Only (as permitted by Rule
     14a-6(e)(2))
___  Definitive Proxy Statement
___  Definitive Additional Materials
X    Soliciting  Material  Pursuant  to  Section  240.14a-11(c)  or Section
     240.14a-12

                             PACER TECHNOLOGY
             (Name of Registrant as Specified in its Charter)

                 PACER TECHNOLOGY SHAREHOLDER'S COMMITTEE

   (Name of Person Filing Proxy Statement, if other than the Registrant)

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          applies:
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          pursuant to Exchange Act Rule 0-11:
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For Release: IMMEDIATELY - October 25, 1999

Contact:  Geoffrey  Tirman: (501) 821-6800  - (Talisman Capital Opportunity
Fund, Ltd.)

Subject:  THE  PACER TECHNOLOGY  SHAREHOLDER'S  COMMITTEE  COMMENCES  PROXY
          SOLICITATION FOR DIRECTORS OF PACER TECHNOLOGY

LITTLE  ROCK, ARKANSAS  -  The  Pacer  Technology  Shareholder's  Committee
announced  today  that  it  has  filed preliminary proxy materials with the
Securities and Exchange Commission.   The  preliminary proxy materials will
be used to solicit proxies from Pacer Technology's  shareholders  to  elect
six nominees to Pacer's six-person Board of Directors at the annual meeting
of  Pacer shareholders currently scheduled to be held on November 16, 1999.
The Committee  will  be  seeking to elect its six nominees in opposition to
the directors nominated by  the  current  board of Pacer.  The Committee is
dissatisfied with Pacer's share price performance in recent years and notes
that Pacer's stock has significantly under  performed  both  the Standard &
Poor's  ("S  &  P") 500 Stock Index and the S & P Chemical Index.   In  the
Committee's view,  the  current directors and certain members of management
are determined to continue  managing  Pacer  without  regard  to  the  best
interests  of the shareholders and, therefore, need to be replaced in order
to maximize  shareholder  value,  improve  earnings,  and restore analysts'
confidence  in  Pacer.   The  Committee  believes  that the individuals  it
intends to nominate as directors - D. Jonathan Merriman,  Geoffrey  Tirman,
James  T.  Munn, Howard J. Bloom, Allen D. Barnes, and Claude M. Ballard  -
possess the  expertise  and  experience necessary to implement an effective
strategic plan for Pacer to maximize  shareholder value.  The Committee has
retained D.F. King & Co., Inc. to assist  it  in  its  solicitation.  For a
copy  of  the Committee's preliminary materials, shareholders  may  contact
D.F. King & Co., Inc. toll-free at 800/207-2872.

CERTAIN INFORMATION CONCERNING PARTICIPANTS AND NOMINEES

     The following  is a list of the names and stockholdings of the persons
and entities who may  be  deemed  to  be  "participants" in the Committee's
solicitation with respect to Pacer's annual  meeting: D. Jonathan Merriman,
the  managing  director  and  head  of  a  San Francisco,  California-based
investment banking firm, a current director  of Pacer, and a nominee of the
Committee (150,000 shares); Geoffrey Tirman, a current director of Pacer, a
nominee  of  the  Committee,  and  the President and  sole  stockholder  of
Talisman Capital Opportunity Fund, Ltd.  (10,000  shares); James T. Munn, a
nominee  of  the  Committee  and the former President and  Chief  Executive
Officer of Pacer (578,752 shares);  Howard  J.  Bloom, a private investment
manager, a nominee of the Committee, and a former  Vice  President of Pacer
(192,834  shares);  Roberto  J.  Cavazos, Jr., a private investor  and  the
former Chief Financial Officer of  Pacer (66,822 shares); The Miller Family
Partnership, a Florida partnership organized  to  hold  investments for the
Miller  family  (589,752  shares);  Mac  Van  Horn, chairman of  a  private
investment  corporation (85,000 shares); and Talisman  Capital  Opportunity
Fund, Ltd., whose  principal  business  is  investment in the securities of
private  and  public  companies  (1,250,000  shares).    Collectively,  the
participants  in  the  Committee  hold  2,923,160  shares, or approximately
17.4%, of the outstanding Pacer common stock.  The other  two  nominees  of
the  Committee,  Allen D. Barnes, the President and Chief Executive Officer
of PAC ONE, Inc., a flexible packaging manufacturer, and Claude M. Ballard,
a shareholder and  senior  consultant with Goldman, Sachs & Company, do not
hold shares of Pacer stock.


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