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Non-Tech : Any Stock Warrants
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To: Richaaard who wrote (498)8/8/1998 9:01:00 PM
From: Bilberry  Read Replies (1) of 1916
 
I am still holding my full cache of warrants, as they have two years to run, and I don't see the stock going below $2 any time soon. I think that JMAR may have finally broken its downtrend, and is even being mentioned as a "stock to watch" according to someone's broker. I did not see any eurphoria, I still see skepticism. Price only increased 14% on friday. Not much for the news. The current price of the warrants is not overvalued, and I expect to see $1 or more on them by year end, as the price of JMAR approaches $4-5. Actually a good momentum should add to the premium.

Remember that we still should be hearing about some major contracts with the CATS subsidiary in the near future. That combined with the full funding of XRL and brightlite, should get things underway quite nicely.

--Bilberry
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