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: Jgilbert who wrote (4890)	1/28/1998 4:35:00 PM
From: Bilberry	Read Replies (4) \| Respond to of 9695

Jgilbert, as I understand the DARPA money situation, this is targeted funds for XRL and not for product development in other areas. JMAR originally wanted $10 million from the private placement, but only got around $3.4 million. The excercise of the warrants would benefit the company and the shareholders, as more money means more product introductions sooner. Candle Stick, if JMAR did not reach $6 by yearend, I would be very upset. There are no guarantees of price though, and management has to know whether it would be doing business that could get us there. So far I have heard estimates of .20 to .30 cents a share (which should get us to the $6 level). Keep in mind that it is possible for JMAR to possibly change the call provisions downward to make it easier to call and at a lower price. Not all the warrant holders would be the same as you pointed out, but they would be new holders of JMARW and it would be in many hands instead of a few as is with the private placements. I don't think anyone will win the argument of warrants yes/no. There is no clear cut answer, although I lean more to the warrants since they are already in place. Don't forget the PR aspects of the warrants. I would be interested in knowing how many JMARians found out about the stock through the warrants. Publications like the one's below would hilight JMAR warrants in their newsletters if they were extended. This would be free PR to JMAR and bring in fresh blood. Also don't forget that even Intel has warrants and it has not kept that stock down in price. note: we had another big volume day in warrants on the upside. Not sure whether it means anything (volume: 112,000) Warrant Publications** stockwarrants.com stockcentral.com market-pulse.com --Bilberry