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

To: Richard N Lambert who wrote (4338)	12/5/1997 11:21:00 AM
From: Starlight	Read Replies (2) \| Respond to of 9695

Rich - Now I'M confused. I didn't mean to imply that lowering the stock price would benefit the holder of the units. I was trying to explain that possibly because of unit-holder shorting the stock price went lower. Also, I have to agree with Jim's analysis -- the HD stocks have dropped lately, so JMAR got hit, too. Betty

To: Richard N Lambert who wrote (4338)	12/5/1997 6:25:00 PM
From: Arthur Radley	Read Replies (1) \| Respond to of 9695

Richard, You are absolutely right. JMAR's placement was at a FIXED price and not subject to a conversion at an average price. For those thinking the Swiss would be shorting the stock to get it to go down is ridiculous. The only way for them to make money is for the stock to go up in value. Can you imagine the SWISS to invest several million dollars in a company and then say, "let short this baby and see our net worth decline". I would like to think that they are smart enough to invest millions in a company to see the stock go up and not down.