-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001066867-08-000027.txt : 20080324
<SEC-HEADER>0001066867-08-000027.hdr.sgml : 20080324
<ACCEPTANCE-DATETIME>20080324150408
ACCESSION NUMBER:		0001066867-08-000027
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080319
FILED AS OF DATE:		20080324
DATE AS OF CHANGE:		20080324

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PURE CYCLE CORP
		CENTRAL INDEX KEY:			0000276720
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				840705083
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	BUSINESS ADDRESS:	
		STREET 1:		8451 DELAWARE STREET
		CITY:			THORNTON
		STATE:			CO
		ZIP:			80260
		BUSINESS PHONE:		3032923456

	MAIL ADDRESS:	
		STREET 1:		8451 DELAWARE STREET
		CITY:			THORNTON
		STATE:			CO
		ZIP:			80260

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PAR CAPITAL MANAGEMENT INC
		CENTRAL INDEX KEY:			0001051359
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08814
		FILM NUMBER:		08706862

	BUSINESS ADDRESS:	
		STREET 1:		ONE INTERNATIONAL PLACE SUITE 2401
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6175268964

	MAIL ADDRESS:	
		STREET 1:		ONE INTERNATIONAL PLACE SUITE 2401
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PAR INVESTMENT PARTNERS LP
		CENTRAL INDEX KEY:			0001066867

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08814
		FILM NUMBER:		08706864

	BUSINESS ADDRESS:	
		STREET 1:		C/O PAR CAPITAL MGT
		STREET 2:		ONE INTERNATIONAL PLACE, SUITE 2401
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6175268964

	MAIL ADDRESS:	
		STREET 1:		ONE INTERNATIONAL PLACE, SUITE 2400
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PAR Group, L.P.
		CENTRAL INDEX KEY:			0001341061
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08814
		FILM NUMBER:		08706863

	BUSINESS ADDRESS:	
		STREET 1:		ONE INTERNATIONAL PLACE
		STREET 2:		SUITE 2401
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		617-526-8964

	MAIL ADDRESS:	
		STREET 1:		ONE INTERNATIONAL PLACE
		STREET 2:		SUITE 2401
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
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                <transactionFormType>4</transactionFormType>
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            <transactionTimeliness>
                <value></value>
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            <securityTitle>
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            <transactionTimeliness>
                <value></value>
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                <transactionPricePerShare>
                    <value>5.252</value>
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                <transactionAcquiredDisposedCode>
                    <value>A</value>
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        <nonDerivativeTransaction>
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                <transactionCode>P</transactionCode>
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                    <value>A</value>
                </transactionAcquiredDisposedCode>
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    <footnotes>
        <footnote id="F1">These securities are held directly by PAR Investment Partners, L.P. (&quot;PIP&quot;).</footnote>
        <footnote id="F2">These securities are held directly by PIP.  PAR Group, L.P. (&quot;PAR Group&quot;) is the general partner of PIP.  PAR Group disclaims beneficial ownership of these securities except to the extent of the pecuniary interest, if any, in such securities as a result of PAR Group's general partner interest in PIP and the contingent right to receive a performance-based advisory fee from PIP.</footnote>
        <footnote id="F3">These securities are held directly by PIP.  PAR Capital Management, Inc. (&quot;PCM&quot;) is the general partner of PAR Group which is the general partner of PIP.  PCM disclaims beneficial ownership of these securities except to the extent of the pecuniary interest, if any, in such securities as a result of PCM's general partner interest in PAR Group.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Gina DiMento, General Counsel &amp; Vice President</signatureName>
        <signatureDate>2008-03-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
