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Technology Stocks : JMAR Technologies(JMAR)
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To: Candle stick who wrote (4323)12/4/1997 3:37:00 PM
From: Bilberry  Read Replies (1) of 9695
 
Candle Stick, did you notice that the stock dropped right before the announcement again? Is this again the market makers shaking the tree of weak holders? I see this press release as extremely good news. The cap is off the stock. The shares are RESTRICTED that the swiss people got. JMAR has enough money to launch its product lines. That is good. The market is starting to respond. Bid is starting to inch up. Question for you: IS THIS THE BOTTOM?

Keep in mind that the market had to absorb 750k of shorts, bad market, and this private placement overhanging the market (now gone, thank goodness). Two investment conferences have passed which means more people are aware of JMAR. So the next positive release should have more punch. Also how many new analysts are going to pick up on JMAR.
And now $3.4 million to launch the brightlight product lines.

--Bilberry
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