JMAR Technologies(JMAR) Message Board

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Technology Stocks : JMAR Technologies(JMAR)

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To: Bilberry who wrote (3999)	11/14/1997 3:55:00 PM
From: Dave Lippert	Read Replies (1) of 9695

As someone who is heavily invested in the common, I would rather see the warrants expire as worthless and have JMAR do a secondary offering after the new products take off and the stock price is $10+. If my shares are going to be diluted, I'd like to get as much as possible out of the new shares. Bilberry, I share your frustration with the stock price. I looked at some probability estimates I made over 2 years ago concerning JMAR's stock price. I thought that the chances of JMAR being under $5 after 2 years were about 5%. I guess I was wrong! I think next year could be a very good year. If all the new products start producing and we see earnings in a quarter of .07 or more, JMAR could not only break 5, but possibly 10. I understand why some people are frustrated, but I think overall JMAR has made progress over the last 2 years and we're very close to reaping the dividends. Gooch, if a lot of JMAR's products were bought and not developed internally, who cares? Microsoft did pretty well with a product they purchased and called MS-DOS. :) - Dave

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