JMAR Technologies(JMAR) Message Board

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Technology Stocks : JMAR Technologies(JMAR)

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To: Bilberry who wrote (8904)	2/7/2000 7:25:00 AM
From: Jay Erlandson	Read Replies (1) of 9695

Just a note on the Red Chip Review's decision to drop coverage on JMAR. They dropped coverage on a similar company with the following comment: "As we have continued to report, AMCC will soon have to buy or build a fab to increase capacity and meet demand. AMCC does have the cash to make this type of capital expenditure, and the balance sheet is strong. We anticipate that AMCC will make an announcement on this subject in the next few quarters. Our estimate for FY00 is $1.00 in earnings per share. However, the stock price has appreciated to a point where it is trading near momentum, a point that makes us somewhat uncomfortable." This was reported on 4/30/99 when AMCC a company in a similar position and industry as JSI, was trading at $25-$40 per share...Shortly after this report, the Red Chip Review dropped coverage on AMCC... AMCC closed Friday @ 185 13/16... toly

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