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Technology Stocks : JMAR Technologies(JMAR)

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To: Joyan X who wrote (3760)11/3/1997 1:33:00 PM
From: Paul Franklin  Read Replies (2) of 9695
 
Hi Joyan X.
My opinion is the 50K sale was probably a swap, possibly between MM's. But I saw it as a positive in that someone is accumulating the stock without driving the price higher. I'm looking for signs of people buying with possible insight as to future events. The stock price has been holding above $4 nicely and I am hopeful that Q3 earnings/sales will be moving the stock higher when announced this week or next. Some on this thread have pointed out technology market developments which JMAR is well positioned for with PPL. I have also theorized that management has planned a lot of PR hopefully in line with record earnings to get the stock price above $7 by 2/98 to take advantage of the warrants. I don't have any inside info but have followed JMAR for 1.5 years and see the signs of a potential big winner in the near future.
Hopefully you do too. Welcome to the thread if this is your first post!
Paul
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