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Technology Stocks : JMAR Technologies(JMAR)
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To: Bilberry who wrote (6528)9/5/1998 4:35:00 PM
From: Gooch  Read Replies (2) of 9695
 
The Microlight 1000 is a demonstration unit because they can't sell any. The 1995 annual report said they were working with a number of manufacturers relative to using Microlight 1000 in manufacturing. By the 1996 annual report, JMAR said, " We expect to begin accepting orders for our Microlight products before the end of 1997."
What Richard is saying is that they have never NEVER made on-time delivery on their promises. They promised all these things earlier and didn't deliver. But you still believe all their current promised delivery dates. Why is that? I remember when they said they had the best medical laser technology, had a unique way of rapidly moving products to market, and were the low-cost provider. That resulted in being the biggest loser in the company's history.
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