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


To: JEFFREY R. WILLS who wrote (3833)11/5/1997 11:40:00 AM
From: brent gephart  Read Replies (1) | Respond to of 9695
 
This is from M.H Meyersons report on Jmar.

"California ASIC, "(CAL ASIC)" which designs and produces Application Specific Integrated Circuits, was recently acquired, reorganized and re-equipped by JMAR. Management expects to begin generating sales in the second quarter and be profitable by the fourth quarter. We estimate that sales in 1997 will approximate $3 to $5 million and possibly breaking even for 1997. "

I think Jmar is ahead of MH's estimates, given what has happen with the CATS problem.
Brent