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Technology Stocks : JMAR Technologies(JMAR)

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To: Starlight who wrote (9050)3/31/2000 7:18:00 PM
From: Bosco  Read Replies (1) of 9695
 
Hi Elizabeth - like it or not, small caps have a small window to work with. Those who are savvy and/or lucky enough will seize the moment to jump start the org and those who fail, sometimes not even a fault of their own, will have to work twice as hard as to maintain the visibility. Unfortunately, despite the exuberance about the co's growth prospect mentioned here in this thread, JMAR has not been able to follow thru. Thus she has lost her visibility. The technical damage is substantial. Well, actually, in retrospect, [but I have to admit I ve been negligent in monitor her progress,] the writing was on the wall since her failed the 15ish support! Now, 12ish support is breached. Even if she stops the decline from here, 12ish is the ceiling, unless some extraordinary event will transpire in the near future [which is always a possibility.] More, money seems to be rotating out of small tech [a double whammy]

I may unload my position on Mon if there is any technical bounce. Still, it is a 45% loss for me. But, since I ve voluntarily bet against the devil, I will gladly face the consequence.

good luck

best, Bosco
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