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Technology Stocks : JMAR Technologies(JMAR)

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To: Dave Lippert who wrote (4021)11/15/1997 9:44:00 PM
From: Bilberry  Read Replies (1) of 9695
 
Hi Dave, the units sales could have a very short-term negative impact on the stock (maybe its already in the current price). But the implications of this are also positive. It means that JMAR is now at the point of transitioning from an R&D company as you pointed out to a real company with viable products. If we look at the success of the Mirage product, perhaps we have a glimpse of where JMAR will be putting its money. If the influx of this $10 million generates $50 million in revenue and 10 million in yearly profits after rampup, I don't think any of us will be complaining. This fund raising sets up 1998 again as the breakout year.

--Bilberry
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