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


To: Jay Erlandson who wrote (9236)8/26/2000 6:46:44 PM
From: real_time99  Read Replies (1) | Respond to of 9695
 
It seems to me that they dropped them around the time that JMAR's stock went to $22. Given that a lot of us thought that the stock rise to $22 was maybe a bit premature (at least given the lack of announced events to explain it), it doesn't strike me as too unexpected that Red Chip dropped them at that time. The reference to failure to meet prior expectations may play into it. But I think it showed a lack of understanding of where the company is headed and the potential of the future products. It seems as if RC was valuing the company on its past numbers, which do not reflect its chip business or its other new product developments. If that is all JMAR had going for it, I doubt any of us would be still in the stock. So why cant analysts like RC understand the value that you and I and others obviously see? Is it because they have failed to give much credit to the new product development or the new chip business? I suspect that JMAR's past delays in their product development has left a number of analysts and institutions in a wait-and-see mode. But that tells me that showing some sales from their new products should cause bigger moves in the stock down the road.