Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: brent gephart who wrote (3634)	10/24/1997 8:17:00 AM
From: JEFFREY R. WILLS	Read Replies (2) \| Respond to of 9695

Many favorable developments for today. First, calm has spread thru the Hong Kong and Japanese markets and SP futures up substantially. Probably won't gain all we lost today, but should pick up a third or half. Some facts here to quander: JMAR's outstanding shares have been reduced 4.2 percent. Market capitalization reduced by over 3 million and price earnings ratio has been reduced from 52 to about 33. Stock is trading at less than 21 times 1998 forecasted earnings and about and about 1.5 times 1998 sales. Based on 30 times 1998 earnings, JMAR should be at 7.00 by the end of the year to reflect the financial fundamentals for 1998. 1999, I have not seen any current estimates, however if JMAR can earn around 45-60c in 1999 then the stock could easily hit 20 by the end of the 1998.