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

To: Candle stick who wrote (4551)	12/19/1997 2:03:00 PM
From: Bilberry	Read Replies (3) \| Respond to of 9695

Candle Stick, I took advantage of today's decline, as I feel JMAR is extremely undervalued. I paid $2.65 for my shares. Very little downside that I can see here. Great 1998 upon us. This is significant for me since I last bought in 1994 under $1 a share. I feel that today's price is the equivalent of buying at $1 in 1994. I am a long-term holder, and this temporary condition causing all tech stocks to drop is an opportunity not to be missed (at least by me). If it continues to drop, I may scrape up some more funds and bolster my position further. As a contarian, my confidence in JMAR is unshaken and I put my money where my mouth is. P.S. Thanks for all those that posted negative notes that made my purchase possible! <g> --Bilberry

To: Candle stick who wrote (4551)	12/19/1997 3:15:00 PM
From: Tulvio Durand	Respond to of 9695

it has held up better than many technology issues...... It has dropped 40% in the last 10 weeks including today's 7% drop. You're right that some other techs have dropped even more, but JMAR is being hit proportionally harder of late and is not recovering as much as other techs in rallies. The average price for 1997 is about $3 so I would not have expected much tax-loss selling until the last couple of days. I suspect something else is hurting this stock. Raising that $3M seemed to have hurt some; perhaps this being viewed as paltry sum for such fund raising effort (JMAR lost more than $3M in market cap today). $10M from DARPA is probably CPFF contract for refurbishing Govt furnished laser and reimbursing some associated JMAR labor cost, ie., perhaps it is not a significant "new" funding source. Martinez didn't generate much enthusiasm with "JMAR is divisible in three parts" speech; could be costrued as too many parts for Martinez to handle. Just some of my thoughts. Hold off responses til I put on my antiFLAME suit ........ OK, am ready. Regards, Tulvio