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Technology Stocks : JMAR Technologies(JMAR)

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To: Starlight who wrote (6974)	11/10/1998 8:17:00 PM
From: brent gephart	Read Replies (1) of 9695

In addition to the buy back I found this interesting The new banking arrangement provides a revolving line of credit to JMAR for up to $5 million bearing interest at the Bank's prime rate, plus an additional $1 million five-year term credit line at the Bank's prime rate for financing equipment purchases and construction of prototype product demonstration systems such as the Company's new Britelight lasers. This is in addition to an existing $729,000 equipment financing loan previously made by the Bank. Did we know about this separate 1 million. If not this seems very interesting because it suggests that Jmar is getting ready to do something with the BrightLight system. What do you think. Brent

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