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


To: Arthur Radley who wrote (3778)11/3/1997 6:25:00 PM
From: JEFFREY R. WILLS  Respond to of 9695
 
Its a mystery who was selling, but clearly someone was selling and since the selling was done on strong days in the market it could be from Cats or some stock option selling by insiders. I would guess, however with all the developments coming insiders wouldn't be selling. I would imagine we will get a little pop tomorrow unless what took place the last 3 days happens again. It may be the market makers wanted to keep the price low for anticipation of the news coming. JMAR has presentations this week and next and announcing contracts like this sure will help. Frankly I am tired of seeing this stock so undervalued. I have bough enough shares already and like to see some appreciation pretty soon especially with my warrants. Been a great stock for me so far!



To: Arthur Radley who wrote (3778)11/3/1997 6:31:00 PM
From: Bilberry  Read Replies (1) | Respond to of 9695
 
TexasDude, I agree generally anyone that knows what is going on with JMAR would not sell (probably would be buying). But suppose that you had invested in CalAsic and had your money in there for years, the stock being illiquid. Then a company called JMAR takes over your company, and your investment is locked up for a couple of more years. Finally you get access to your stock in a liquid stock called JMAR, selling near its highs. You need money. You may sell, even if it is not logical to the rest of us. Some people just sell the moment their stock is freed up. It has happend before with JMAR.

My theory may be all wrong, but who else has the amount of shares to account for this volume?

--Bilberry