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Technology Stocks : JMAR Technologies(JMAR)

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To: Bilberry who wrote (4656)12/30/1997 6:27:00 PM
From: henry jakala  Read Replies (1) of 9695
 
had i known about JMAR's Swiss Investor friends when it was hovering above 4 let alone near 5 i would have been gone !

unfortunately JMAR management didn't believe it was necessary inform us that at least 750,000 shares were soon to be dumped on the market to push us over the cliff - let's just say i was a reluctant lemming in that one respect

if they didn't know the shorting was inevitable then it doesn't say much for JMAR management's savvy especially in light of what was happening to techs and considering market seasonality.

don't forget - we survived the technowreck and october downdraft just fine until the Swiss Investors started dumping their shares. coincidentally enough JMAR stopped the offering then and Martinez later admitted being "mad" over what their Swiss friends were doing and that's not even considering the legality of what the Swiss were doing.

as was so eloquently put by Jim Green - what about the Lack-of-Mentals ? (BTW - i love that play on words Jim !!)

'97 was a bust IMO - the market doesn't always give a damn about fundamentals but image they always give a damn about
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