Jeffrey, I have a theory that may explain the trading range that JMAR is in. I think it is odd that right after the Cal Asic settlement, that JMAR's stock is stuck in a range. Could it be that the market makers are working off the position held by those that got JMAR stock for Cal Asic, and are now cashing in? I have seen this before with JMAR when exactly on the date that stock was freed up, they sold. It had nothing to do with prospects, just someone getting their money. Just a guess as to what is happening. With the heavy volume, my guess is that it is almost gone and that we will head north again.
As to the announcement today, it was nice to see that JMAR is selling a diversity of new products. Also, this is foretelling of things to come:
"Today, in addition to being a leading developer of advanced lithography sources for making higher performance semiconductors, we
are nearing commercial introduction of our new Britelight(tm) laser
systems for ultra-precision machining of electronic and ceramic
materials and are completing development of our family of hand-held
Light Knife(tm) lasers that can be used for needle-less blood sampling
and other medical, dental and industrial uses."
This is telling us that we are soon to hear on the light knife, and that the Micro-machining (Britelight) is near commercial fruition. I believe that Brightlight could be as big as X-ray lithography, from what I have heard of the technology. Are we ignoring the big ones as we also did with MR heads???
--Bilberry |
