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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop" -- Ignore unavailable to you. Want to Upgrade?


To: Jakesire who wrote (1529)11/11/1997 8:14:00 AM
From: Ben Antanaitis  Read Replies (1) | Respond to of 1985
 
Jake,

If I were a wiseguy, I'd probably say it was because it was the end of the quarter and they ran out of money... again. They seem to run through $25M each quarter.

But I wouldn't say that, What I will point out is a new SEC filing:

freeedgar.com

This one formally sets out Amber's 48%+ control of JTS and the 30M+shares they have the proxy for from the 'key shareholders'.



To: Jakesire who wrote (1529)11/11/1997 10:02:00 AM
From: Richard Catterall  Respond to of 1985
 
Some news !!

JTS announcing a bigger drive 6.4 meg. Said evaluation units are $249.

Also the copy stresses the encapsulation that they use and how it contributes to drive life, installation ease and reduces RF.

This is a TOUGH business, gotta think the other guys are suffering right along with JTS.