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


To: Candle stick who wrote (3829)11/5/1997 11:25:00 AM
From: JEFFREY R. WILLS  Read Replies (1) | Respond to of 9695
 
The good news is without CATS, earnings close to .04c a share and over .08 for the year which would be on target for .12-.13c for the year. CATS cost the company $344,000 for the quarter-we need to get this off the books as fast as possible. I was hoping revenue would be closer to 6 million, but this may be explainable as most of the revenue is recorded in the 4th quarter.



To: Candle stick who wrote (3829)11/5/1997 11:30:00 AM
From: Candle stick  Read Replies (1) | Respond to of 9695
 
This a key part of the earnings report:

"for the nine-month period
without Cal ASIC's losses JMAR achieved net income of $1,517,807, or 8
cents per share
"

Since we know that JMAR has stopped putting money into Cal Asics and is seeking a partner earnings for the current quarter should be substantially better. The difference in operating income without Cal Asic would have been 808,000 dollars or an additional 4 cents per share for the 9 months....now thast the CATS drain is gone earnings growth should be substantial from core business alone, not to mention the new products in the pipeline.........;^)