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Technology Stocks : JMAR Technologies(JMAR)

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To: timwa who wrote (4794)1/13/1998 4:50:00 PM
From: Bilberry  Read Replies (1) of 9695
 
Tim, thanks for the link to the JMAR page. Really nice of them to supply shareholders with this additional info, in addition to the press release. I also find it strange that DARPA said no more money past 1997 for point source, yet JMAR is getting these new moneys. How do you read that reversal of policy?

--Bilberry

web-ext2.darpa.mil
THIS LINK SAYS THAT FUNDING FOR CERTAIN PARTS OF THE X-RAY PROGRAM FUNDING, INCLUDING POINT SOURCE WOULD END IN 1997. TODAY JMAR CONFIRMED THAT IT WILL CONTINUE TO BE FUNDED BY DARPA. STRANGE HOW THINGS WORKED OUT FOR JMAR.


DARPA is working with industry and the Services to transfer those efforts having near term goals. DARPA support of proximity x-ray developments will end after the FY97 funding for mask technology and point source developments. Cross cutting issues (mask writing, inspection, repair, and stage control) will be completed in FY98.
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