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Technology Stocks : JMAR Technologies(JMAR)

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To: Dave Swanson who wrote (3763)	11/3/1997 3:44:00 PM
From: Paul Franklin	Read Replies (1) of 9695

Dave, I'm assuming that it would be in the best interest for JMAR to be able to call or redeem the warrants for the sake of increasing working capital. There was some discussion about this on the thread about the time of the IBD article back in October. Some were saying then that if the closing stock bid price remained above $7.02 for 20 consecutive days, the company could call the warrants. In looking at the JMAR's 1996 Financial Information Appendix, it reads as $6.38 being that price. I do not own any warrants. The question I have is, does JMAR or someone else have an interest in getting the price over $6.38 for 20 days? I am not really sure. Can you explain? Thanks. Paul

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