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


To: henry jakala who wrote (4646)12/30/1997 3:00:00 PM
From: Dave Lippert  Read Replies (2) | Respond to of 9695
 
That's funny, I thought your rule #1 would have been "everyone is out to get us and there is a conspiracy behind everything". Rule #1 in my book is to ignore the stock price if the fundamentals of the company are good, and that's what I'm doing with JMAR. It will eventually reflect the true value of JMAR, which IMO is much higher. '97 was a good year for JMAR, with the exception of CATS, and it will most likely more than double its earnings in fiscal '97. If you owned more stock than anyone, wouldn't you want to maximize its value? I don't think Martinez is out to get the stockholders, since he is the largest stockholder himself. -Dave



To: henry jakala who wrote (4646)12/30/1997 3:56:00 PM
From: J.Maz  Respond to of 9695
 
Henry,

Thanks for the note back. The fact is, I didn't fall in love with JMAR, I just kind of got swept up in the idealism of the thread, and decided to go with that flow. That's not to say that the thread was wrong to be enthusiastic, it just shows that all of this is a learning experience. One thing I've learned in my first year of part-time trading, the market is manipulated by the big boys, and our mission is to stay detached and unemotional, and also follow our instincts with respect to getting in and out of stocks and the appropriate times. The old saying "pigs get fat and hogs get slaughtered" strongly applies to technology stocks that's for sure. One other thing I've learned, it's never wrong to take profits, even if they are below your original goal for the stock.

Best wishes for successful investing in 1998. Let's hope Mr. Martinez and the JMAR crew do what he said they would do at the recent equities conference.

JMaz