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Technology Stocks : JMAR Technologies(JMAR)

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To: Richaaard who wrote (4569)12/19/1997 8:43:00 PM
From: henry jakala  Read Replies (1) of 9695
 
Swiss bastards is right !

dumping 750,000 shares while the ink was still drying sent JMAR over the edge

Martinez was reported to be "mad" over what they had done

either Martinez thought he had an understanding of some sort with them or he didn't realize what they were able to do re: shorting the shares

in any case the damage is done - time to start rebuilding a base from scratch - many months of JMAR clawing its way up to 4 now all down the tubes

it's been a painful lesson learned but one i and many others will not soon forget

i imagine JMAR is still in reality 6 1/2 million shy of what they originally thought they REALLY needed - wonder how they intend to finance that ?
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