JMAR Technologies(JMAR) Message Board

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Technology Stocks : JMAR Technologies(JMAR)

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To: JEFFREY R. WILLS who wrote (3963)	11/13/1997 12:43:00 PM
From: Gooch	Read Replies (3) of 9695

I don't know why Martinez is so happy with the stock's performance in the last 2 1/2 years. The stock was as high as $13.50 in 1992. I haven't posted before but have read every note written on JMAR and think I am a longer term holder than anyone else on this board. In my opinion, Martinez is the worst thing that could happen to this company. To my knowledge, JMAR hasn't produced a single selling product. The only smart thing they ever did was acquire PPL in October, 1993. Other purchases which failed and/or have been written off include: Surgilase - 1991 JMED - 1991 Benchmark - 1992 Texcel - 1992 Cal. ASIC - 1996 Martinez has been predicting great success for all these ventures over the years. Most of the purchases were with stock, and the outstanding shares have skyrocketed from about one million in 1990 to over 17 million now with even more to be issued for the purchase of Sante Fe Laser. The initial units of the LightKnife were scheduled to be delivered in the third quarter of 1996. I think they are going to be late.

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