JMAR is a featured stock on the Market Profiteer web page...follow the link below..
members.tripod.com
Here's a little background on JMAR's President
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JOHN S. MARTINEZ, PH.D., became Chairman of the Board, President,Chief
Executive Officer and a Director of the Company at its inception. Prior to co-founding the Company in October, 1987, he was President of HLX Laser, Inc., an excimer laser development company and President of Jamar Enterprises, a management and investment consultant to high-technology companies. From 1976 to 1984, Dr. Martinez was President and Chief Executive Officer of Physics International Company ("PI"), a high-technology research, development andmanufacturing company specializing in high-intensity energy technology and X-ray generation equipment. During that period, PI's annual sales grew from approximately $9,000,000 to over $42,000,000 and profits grew at a compounded annual rate in excess of 32%.
From 1961 to 1976, he held a number of management positions at TRW, Inc. He formed that company's High Energy Laser program in 1970 and managed it until he left the company in 1976. Dr. Martinez, a Ford Foundation and Atomic Energy Commission Fellowship holder, earned his Ph.D. in Engineering Science from the University of California (Berkeley) in 1962, his Bachelor's degree from Rensselaer Polytechnic Institute (Troy, NY) in 1951 and is a graduate of the Oak Ridge School of Reactor Technology. He served on active duty in the U.S. Marine Corps during the Korean War and was discharged as a Captain in 1954. He is the holder or co-holder of six patents.
I wonder what this medical company is? BD?
With the $10 million ARPA contract,
if the entire contract is used in 1998, it
would increase revenues in this area by 5-6 times.
Sales in 1996 were about 16 million.
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CONTRACT RESEARCH AND DEVELOPMENT. The Company performs profitable research and development contract work at JTC for third party customers, including the U.S. government and a large medical equipment company. The goals of these efforts are to develop commercially significant products based on the Company's proprietary laser and advanced optical technology. During 1996 contract R&D contributed 11% of JMAR's revenues.
Source: sec.gov
--Bilberry |
