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Technology Stocks : JMAR Technologies(JMAR)

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To: Piper who wrote (4654)	12/30/1997 5:22:00 PM
From: Bilberry	Read Replies (2) of 9695

Piper, I think you hit the answer right on the head. Looks like JMAR is getting battered by short-term tax sellers right to the last day. Fortunate for buyers. A couple of friends just loaded up yesterday. Tommorow is the last legal day to sell your JMAR for tax purposes. Then you must wait 31 days to rebuy (this is the wash rule). As Dave indicated, the fundamental reasons for owning JMAR are still intact, if not stronger than ever. It is true that JMAR is currently not earning huge amounts of money yet, it is still emerging from R&D to commercial. But, there are so many elements in place for 1998, it is silly that some people are ONLY looking at current earnings and ignoring something called POTENTIAL or LATENT earnings that appear evident for 1998. These kind of negative attitudes were not evident when JMAR was hovering near 5. (Where were you negative people?) But now JMAR is probably at its bottom and the negatism runs rampant. I can only speculate that we are making a bottom. --Bilberry

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