PCC Group Posts Third Quarter Loss

The PCC Group Inc., Pomona, CA, a e-commerce company specializing in catalog and automobile shopping on the Internet, posted net sales of $12.2 million for the third quarter ended June 30, 1999 as compared to $17.4 million for the same quarter last year.

The loss for the period was $235,000 as compared to a profit of $301,000 for the period last year. Net sales were also down for the nine month period: $57.4 million v. $60.8 million respectively. Net profit fell from $1,039,000 in 1998 to $578,000 in 1999.