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Technology Stocks : JMAR Technologies(JMAR)
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To: Falstaff who wrote (6566)9/8/1998 11:31:00 PM
From: henry jakala  Read Replies (1) of 9695
 
Certainly it is not the stock valuation, which is subject to capricious variation and manipulation. Certainly it should be based on something more ojective and measurable, like revenues, profitablity, growth, and growth potential, don't you think

on a day when Dow +5% Nasdaq +6% Russell 2000 +4% and JMAR -11%

i'd say the tape tells the story especially seeing the dumping that occurred late today

in my experience the tape has usually been more correct about long term prospects than any fundamentals

nobody that counts gives a rat's behind about JMAR at this point

Martinez has been out on quite a few dog n pony shows and still no interest in JMAR

seems to me JMAR has tons of overhead resistance and it'll take a long time to plow through it unfortunately

maybe wall street is populated with analysts incapable of understanding their technology - but somehow i doubt it

it's all well n good that some small newsletter like the Savvy Investor likes JMAR but of what good is it other than to draw in some short term holders looking for a pop to sell into to ?

somebody knows something and that somebody isn't us - just as was the situation with the Swiss where JMAR management kept us in the dark until it was too late to do anything about it while we scratched our heads wondering why JMAR was on a relentless slide
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