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

To: Candle stick who wrote (3863)	11/6/1997 10:43:00 AM
From: Starlight	Respond to of 9695

Here's an article about how the ASIC market is growing faster than the overall chip market: techweb.cmp.com

To: Candle stick who wrote (3863)	11/6/1997 11:06:00 AM
From: JEFFREY R. WILLS	Read Replies (1) \| Respond to of 9695

The shares are equivalent to a buyback and will be retired to treasury stock. Also, when the directors of Cats sold to JMAR the shares recevied were unrestricted in that they would not register as a major shareholder and would not have to file to sell their stock. This is evident in the annual meeting document sent out which did not list any of these members as a 5 percent or major shareholder. Also, the sell of 1250 shares by the director is insignificant as he isn't even part of the company anymore. Next quarter at least 500,000 of revenue will be recorded due to the acquisition completed in September and its anticipated that growth will be $4 million next year. I see the next major move up when JMAR finalizes its CATS strategy-we need to get this off the books.