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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (3489)11/7/1997 1:52:00 PM
From: James Strauss  Read Replies (1) | Respond to of 4701
 
JMAR... MIMBO in LIMBO...

>>>You probably won't have time for all my questions but
whenever you do, I'd also like to know about JMAR. Where
is its MIMBO when I need it?<<<
*************************
Linda:

MoneyFlow and MACD have turned negative... There is support
around 3.75... If that fails, 3.00 is the next support area...
If it does fall to 3.00, it should be a good area to buy or
average down...

The recent good earnings release has not moved the stock...
Perhaps the numbers were below expectations...
..................
JMAR Industries Inc.
Consolidated Statement of Operations
Third Quarter Ended Sept. 30, 1997
(unaudited)

Three Months Ended Nine Months Ended
Sept. 30, Sept. 30
1997 1996 1997 1996

Total revenue $5,583,611 $4,577,362 $16,397,718 $11,068,868
Income from operations 261,063 70,956 588,411 3,553
Net income (loss) 300,053 11,018 686,532 (251,642)
Earnings (loss)
per share $0.02 $0.00 $0.04 $(0.02)

Jim