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Technology Stocks : JMAR Technologies(JMAR)

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To: MRothaus1 who wrote (4362)12/5/1997 10:02:00 PM
From: Paul Franklin  Read Replies (1) of 9695
 
Michael,
Dr. Martinez stated that 97 revenue would be at least 30% above 96. I did some quick math and believe revenue to be in the $4.6 to $4.8 million range for Q4. Earnings probably boil down to whether or not CATS will still be draining the bottom line in Q4. The trailing PE will not look as good so I think the market is getting valuations in line. The only things that can drive the price now would be an announcement for larger orders for Q1 as Candlestick has alluded to, or a new analyst coming on line with a buy reccomendation. I think both are possible. With the financing being targeted for Britelight development, it would be reassuring to see an actual customer announced and to see what type of manufacturing will be performed. Doesn't look like XRL or Light Knife announcements will be in the immediate future, but I hope I'm wrong.
Paul
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