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


To: Dave Swanson who wrote (3878)11/7/1997 7:42:00 AM
From: jeff  Respond to of 9695
 
I wonder just how long its going to take for
Jmar to find another sucker to take catz off
its hands, I hope not to long. but who knows
could take a year or more? any thoughs on this
Thanks Jeff Bensinger



To: Dave Swanson who wrote (3878)11/7/1997 9:36:00 AM
From: brent gephart  Read Replies (2) | Respond to of 9695
 
Everyone seems to be absolutely negative on CATS. Does anyone out there see any positive side to the CATS story. I can not believe thst with all of the growth that is being seen in the ASIC market that something positive can not be made of this problem. If anything I would like to know whhat it would take to get CATS up and running.

If CATS really is a good idea as most of us once thought it was what would it take to make that reality come true. Lets say that it would require $3 million. If that is the case why not just offer the 700,000 shares, that Jmar just got back, in a secondary offering. I realise that this is not the best of all ideas, but if that is all it would take to make CATS the reality it was supposed to be than why not.

The up side would be that Jmar would still control the CATS company rather than have a partner. This would also certainly be the down side as well if things were not to get better. Which is for me the really important question here?--> Was CATS ever a good idea to begin with? When Jmar first bought CATS lots of Questions went through my head such as can JMAR really get economies of scale from smaller production runs. Will Jmar be able to compete with the larger ASIC producers by making more specialized chips, and would that involve a higher cost for those chip and would people be willing to pay the cost need for Jmar to make money?

I have always assumed that Mr. Martinez, Ph.D. would have considered these and many more questions about the viability of CATS, because of all of the restructuring that Jmar has had to go through over the years. I still believe that this is true, and that Jmar would have done its due dilligence first. If not I will certainly offer my business skills to Jmar for free to see that this never happens again!!! Therefore considering this I have to believe that the problem with CATS is a CASH crunch for Jmar and that they do not what it to effect there earnings any more.

Brent

P.S Beckton Dickenson just reported in-line with the streets estimates of 62 cents.