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Technology Stocks : JMAR Technologies(JMAR)

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To: Falstaff who wrote (6700)9/20/1998 10:46:00 PM
From: Bilberry  Read Replies (1) of 9695
 
Falstaff, I have to agree with Mike, that you have posted what I would consider a good detailed criticism. I am not able to tell you whether it is valid in all its aspects. I also think that Betty's comments on your contacting the company directly is your best bet since these questions probably cannot be answered by those on this board. If you do call, I would like to know what JMAR says in response to your questions.

Now, I can tell you what I heard at the conference call in regards to Brightlight, which really is the most important info pertaining to the future. Martinez said they expected an order by yearend and that they have been doing demos and setting up possible OEM relationships. (This may have been going on for months or a year, I don't know). But he and the technical staff that was also commenting on the workings of the Brightlight were extremely upbeat and confident. One of the callers really grilled them about Brightlight and I believe he got a satisfactory answer about why Brightlight was superior, their first application, and how it provided a much better quality hole in circuit boards than other methods. So my impression is that Brightlight is a go, and we will see the first order by yearend, with full rampup next year and thereafter. All sounded well.

--Bilberry
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