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Technology Stocks : JMAR Technologies(JMAR)

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To: targetedmoab who wrote (6784)10/6/1998 6:34:00 PM
From: Candle stick  Read Replies (1) of 9695
 
Nice to see some new faces on this board. Politics seems to bring everyone out of the woodwork.....now if we could get back to JMAR, looks to me like there was a buyer at 2 dollars again, probably the company. They easily cleaned up all the stock at 2 dollars that was offered for sale during the day...only after 3 pm did the buying stop....I think a company is prohibited from buying its own stock in the last hour (or is it 1/2 hour?) of the day....MOT, AMD and Jabil circuts all posted very good numbers, much better than the street expected...if JMAR can hold this level for a few more days, the tech sector may turn for the better with a few more good earnings reports...the tide may be turning...institutional tax loss selling is almost done, and the news is getting a bit better...saw a report today that said Nasdaq stocks are 50% off their highs at this point...I think the worst for tech stocks is behind us........;^)
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