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Technology Stocks : JMAR Technologies(JMAR)
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To: Bilberry who wrote (7896)5/5/1999 1:51:00 PM
From: Gooch  Read Replies (1) of 9695
 
Bilberry, the point I am trying to make is that in ten years JMAR has not once delivered on promises. The only indication we have of future performance is past performance.

Let's talk about the present and not the past. In late January, here is how they described their new BL-1001:
.....excellent commercial potential
.....perfectly suited for a variety of manufacturing uses
.....ideal for research and development applications
.....ideally suited for a wide range of scientific and material processing
applications
.....ideally suited for a range of high throughput material processing
applications

Since they couldn't sell any of them, they talk as if it is as useless as a screen door on a submarine. They're "not aggressively pushing it ---
power too low." In January they could get from one to one hundred watts.

Martinez is already hedging on the 2000 delivery of the XRL - said it would be ready a year from now - financing permitting.

We all want JMAR to deliver and become hugely successful, but everything they predict has to be taken with a grain of salt. Their ability to deliver has to be questioned and is not a certainty. Based upon their predictions, you've known for a fact that each of the last several years was to be " the year"!!!!!
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