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


To: JAMES F. CLASPILL III who wrote (4198)11/23/1997 12:43:00 PM
From: Arthur Radley  Read Replies (1) | Respond to of 9695
 
Jim,
I agree with your scenario 100%. When small-caps get way ahead of their fundamentals, they will crash and burn at the first signs of problems. I sitting with a 5 figure number of shares of JMAR and currently they are in negative territory for me, but I'm building my position now for the growth in the next two years. The only reservation that I have near term for JMAR is the statement from Martinez that demos will take place before the end of the year. If these events don't happen, I think we will see a negative affect on the stock.
As for the other thread that you mentioned. I posted my thoughts on what I thought would happen to their share price when it was in the 30.00 range. You wouldn't believe the hate emails and one death threat that I got. I didn't take any solace when the stock proceeded to drop by 50%.The point is that I don't want the same to happen to JMAR. I want steady and realistic growth and for management to stay with realistic projections. Then the rewards will be there for stockholders.



To: JAMES F. CLASPILL III who wrote (4198)11/23/1997 3:42:00 PM
From: Arthur Radley  Read Replies (1) | Respond to of 9695
 
An interesting article in the current Fortune magazine(Dec8,1997)titled: "The race to build and staff America's chip plants."
The article doesn't mention JMAR by name but I did find the following section of interest:
"The next step in feature size is 0.18 micron. Somewhere past 2001 lies 0.10 micron, but that could prove beyond the limits of photolithography, in which circuits images are projectedonto a photosensitive layer that has been deposited on the silicon wafer. Chip -component dimensions have long been below the wavelength of visible light,and the industry has been working its way along the spectrum to shorter and shorter ultraviolet light waves. Now at DUV, "deep" ultraviolet, it'sheading toward EUV, or "extreme"ultraviolet, which is short enough also to be called "soft X-ray. Before many more years, lithography will run out of room on the optical spectrum. But listen closely and you can hear the hoof beats of a technology cavalry ready to substitute X-rays,ion beams, whatever."

I would recommend everyone interested in this subject to get a copy of this issue of Fortune.(:>)