Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JEFFREY R. WILLS who wrote (3925)	11/10/1997 11:14:00 PM
From: Paul Franklin	Respond to of 9695

Jeffrey, From the RCR report on 4/29, the analyst had estimated Q3 revenue at $6.6 million. He had factored in $500K to $1 million from CATS. Obviously, the $344K loss blew his numbers. I'm not sure how they book these orders, it would be a good question for Dr. Martinez. I too was hoping for larger revenues but have felt the selling has been in part due to disatisfaction from people who were looking for CATS to be a big winner. Where has Robert Evans been for example. I haven't seen him post since the CATS announcement. If the market holds up, I believe new products coming out along with the CATS solution will get the stock back on track. A hopeful long. Paul

To: JEFFREY R. WILLS who wrote (3925)	11/10/1997 11:21:00 PM
From: Starlight	Respond to of 9695

Jeffrey - You're our "numbers-cruncher". >>>how do you explain getting a 4.25 million contract in May which was delivered in 90 days and not have more than 5.5 for the quarter!<<< I certainly hadn't noticed this, but you bring up an interesting point. Is it possible they are deferring some contracts into the next quarter? But why? Could it be linked to a customer perhaps not being ready for delivery? I'm just trying to GUESS at possibilities, and since we can't seem to get through to the company right now, it's hard to know what's going on. I hope some light gets shed on the situation soon. Betty

To: JEFFREY R. WILLS who wrote (3925)	11/11/1997 10:02:00 AM
From: MRothaus1	Read Replies (1) \| Respond to of 9695

You got me curious about the revenue numbers, so I went to the JMAR web site and reviewed the May press release. The first paragraph says: "SAN DIEGO, California (May 21, 1997) - JMAR Industries, Inc. (NASDAQ NM:JMAR) announced that it received three orders totaling approximately $4,325,000 for additional computer hard disk drive head inspection workstations from a major U.S. computer and hard disk drive manufacturer. The purchase orders include $3,575,000 for delivery and installation of a combination of automated and manually operated precision optical imaging and processing workstations to be delivered within the next three months plus a letter of intent to purchase additional units valued at $750,000." So they had 5.5 - 3.5 or $2 million in additional revenue for the 3rd quarter. That seems more reasonable.