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Technology Stocks : JMAR Technologies(JMAR)
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To: R Petersen who wrote (3537)10/17/1997 3:46:00 PM
From: Dave Lippert   of 9695
 
I would rather see JMAR go straight up, but markets don't normally work that way. While the decline back below 4 is discouraging, it doesn't concern me much, because I'm more concerned about the move from 5 to 10, 10 to 15, etc. than the move from 4 to 5. And I think there's a very high probability that we will see those moves next year. About the only things that really concern me now are the losses at CATZ and the possibility of a severe earthquake in San Diego. When you think about it, what kind of investor would buy JMAR based on the press that came out this week? I don't know about you, but I normally get a lot of info, do a lot of research, and look at the trading pattern for a stock before I buy it. I think the people who bought JMAR this week (and most of those that sold) were traders. The investors who do their due diligence may be buying now or in the next few weeks. - Dave
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