Here is an interesting link. In discussing why he thinks AMZN is overvalued, the author compares it to companies making real products and real money, and specifically mentions the semiconductor industry.
Message 5492904
I realize this is very indirect evidence in building a case that JMAR's share price should be higher. However it does annoy me that a company like AMZN who is not expected to make a profit for 3 to 5 years, has no proprietary technology, no barriers to entry, and still has a 6 billion market cap, and on the other hand a company like JMAR with world class technology that no one else has, significant barriers to entry and competition, is currently profitable, has the confidence of companies like IBM, Motorola, Seagate, and others, has a market cap of less than 100M. Perhaps something in chaos theory can help explain this. Thanks for letting me sound off. |
