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


To: Candle stick who wrote (4920)1/30/1998 5:36:00 PM
From: Dave Swanson  Read Replies (4) | Respond to of 9695
 
You just don't get it, but I'll try one time.
OF COURSE the warrants are a risky, speculative investment,but
so is the common stock. We have little knowledge and no control
as to what's happening,and have to go on faith.
I've made money and lost money on warrants, also on common
stock, but I try to stay away from companies that appear to be out
to screw the investors. I don't think that's the case here. Dr.
Martinez seems to be an honest man, trying to build a solid little
growing company out of the fruits of years of laser research.
CATS may or may not have been a mistake. Short term, yes,but
the final chapter hasn't been written.
The Swiss deal probably was a mistake. Killing it seems to me an
admission, but probably the right thing to do. That deal hurt
shareholders AND warrant-holders. A better way to get funds, in my
mind, would be to get the stock price up and let the warrants be
exercised(or called).
At any rate, IF more funds are still needed, extending the warrants
to keep that option afloat might make good business sense, AND
be a good public relations gesture to investors(keeping the faith).
You say you're gone if the warrants are extended, cuz that would
be a bad decision. What kept you here after the word came out
about the CATS problems and the Swiss deal?
Perhaps you should sell now.




To: Candle stick who wrote (4920)1/30/1998 10:51:00 PM
From: henry jakala  Read Replies (1) | Respond to of 9695
 
so much for shareholder loyalty, eh candlestick

the thing that sticks in my craw is the Swiss deal and it's resultant screwing of legitimate loyal shareholders - shareholders that have been with JMAR for years

JMAR is going to need more money to get their technology to market

they stopped the placement short after realizing what the Swiss were up to - we survived the October crash just fine, the massive Swiss shorting is what tanked the stock and killed the warrants when we were so close to possibly having it all

and of course management is going to say they didn't need the additional funds, they weren't about to admit to having been misled were they ?

the best way for JMAR to get the additional funding now is to extend the warrants - upon exercise those shares will be in loyal hands - dilution will be there all the same - JMAR will even save themselves the costs of a secondary offering

let them extend the warrants if the stock goes down i'll once again be in it for the long haul anyway - i thought you were too