JMAR Technologies (JMAR) hit a 52 week low last week, and seems to be bottomed out. JMAR is about to introduce a lot of new products which will expand their potential markets many fold. JMAR is a small company that sells to large technology companies such as IBM, Seagate, Medtronic, Intel, Motorola, Quantum. Business is booming in the MR head drive market for computer hard drives.
The company recently announced all-time record annual earnings and revenues for 1997. For the year, net income increased more than 130 percent to $1.8 million, or $0.11 per share, compared to $780,000, or $0.05 per share, for 1996. Operating income improved more than 200 percent to more than $1.5 million from $500,000 a year ago. Revenues for 1997 increased 31 percent to $21.5 million from $16.3 million in 1996. JMAR attributed a significant portion of its annual revenue gain to heightened demand for its computer disk drive manufacturing equipment. Management believes this growth to be the result of ongoing expansion of the global market for high-performance hard disk drives, particularly those incorporating advanced magneto-resistive (MR) head technology.
JMAR Price: 2 5/8
Symbol: JMAR - Nasdaq
52 week Low: 2 5/16
52 week High: 4 31/32
Here are the links for JMAR
JMAR main SI discussion: Subject 2377
Home Page:
jmar.com
JMAR Precision Systems, Inc:
ppli.com
JMAR Semiconductor (old CATS):
calasic.com
Investor's Daily Article on JMAR:
jmar.com
Individual Investor Article on JMAR:
jmar.com
Market Pulse Journal Article on JMAR:
market-pulse.com
YAHOO JMAR stock conference
messages.yahoo.com
Insider Trades for JMAR
biz.yahoo.com
The Next Wave 100 stock index (JMAR is part of this)
nextwavestocks.com
Bowser Warrant Register - JMAR warrants featured
market-pulse.com
JMAR Chart
tscn.com
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