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Technology Stocks : JMAR Technologies(JMAR)

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To: JEFFREY R. WILLS who wrote (3805)11/4/1997 3:49:00 PM
From: MRothaus1  Read Replies (1) of 9695
 
My guess is the selling is due to a short-term bad event. I am just guessing, but it would not be unreasonable to assume that the 3rd qtr numbers aren't very good due to CATS drain.

Management knows the adverse effect on the quarter, and thus we had a solution last month to staunch the red ink (but that happened after the 3rd quarter books were closed).

So we should be prepared for some short-term bad news and not panic, knowing that the numbers for the 4th qtr and beyond are going to be much better since the CATS situation has been dealt with.

Let the day-traders have their fun for the last time. I'm a buyer at 3 7/8.
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