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Technology Stocks : JMAR Technologies(JMAR)

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To: JEFFREY R. WILLS who wrote (3925)	11/11/1997 10:02:00 AM
From: MRothaus1	Read Replies (1) of 9695

You got me curious about the revenue numbers, so I went to the JMAR web site and reviewed the May press release. The first paragraph says: "SAN DIEGO, California (May 21, 1997) - JMAR Industries, Inc. (NASDAQ NM:JMAR) announced that it received three orders totaling approximately $4,325,000 for additional computer hard disk drive head inspection workstations from a major U.S. computer and hard disk drive manufacturer. The purchase orders include $3,575,000 for delivery and installation of a combination of automated and manually operated precision optical imaging and processing workstations to be delivered within the next three months plus a letter of intent to purchase additional units valued at $750,000." So they had 5.5 - 3.5 or $2 million in additional revenue for the 3rd quarter. That seems more reasonable.

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