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Technology Stocks : JMAR Technologies(JMAR) -- Ignore unavailable to you. Want to Upgrade?


To: Bilberry who wrote (8288)8/13/1999 1:47:00 PM
From: Starlight  Respond to of 9695
 
Bilberry - I don't see any projections for JSI in my notes beyond this year. This year - $9 million. For JPSI: 1999-$14.5M, 2000-$19.0M, 2001-$25M. They're saying 37% profit margin this year, 40% next year and 42% in 2001. I doubt they can project for JSI due to the new products they'll be introducing this year and next (the Universal Logic Device and the FIFO memory device).

JMAR will need to raise more capital to develop new technologies, however, they don't plan to issue new stock to do this. They're looking at other alternatives, such as a carve-out or backing from another company or investment bank. Someone asked about a reverse stock split, and they emphatically said NO.

The company had a backlog of $10 million at the end of the 1st Half.

Betty