SI
SI
discoversearch

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: Dave Swanson who wrote (4925)1/30/1998 7:05:00 PM
From: Richaaard  Read Replies (1) | Respond to of 9695
 
PREDICTIONS:

---CATS news week of Feb 5th.....stock goes up

---Warrants news week of Feb 5.....stock goes down (sorry Candlestick, they get extended at same strike price to November)

---Earnings week of Feb 12th.....stock goes down

---Red Chip conference week of Feb 12th.....stock edges up

---New Contract week of Feb 26th...stock goes up

.............end result price at 3 1/2 for March 1, 1998

False Prophet,
Richard



To: Dave Swanson who wrote (4925)1/30/1998 7:33:00 PM
From: Richaaard  Respond to of 9695
 
Dave,
I agree with your comments regarding Swiss, Martinez, etc. I think most of us believe that Martinez is a good honest man but we are seeing mistakes that should never happen. I think Mr. Martinez' biggest fault may be not surrounding himself with the personnel that it will take to bring this company to the next level. He may be trying to do too much himself. The mark of a good CEO is the abilty to delegate and choice of hirings. This company will have a very difficult time succeeding, even with all these great products without a strong management "team". Bring in some great corporate minds and throw them some stock, options.....whatever it takes. I'll throw in my warrants. We need savy.

Richard



To: Dave Swanson who wrote (4925)1/30/1998 7:57:00 PM
From: Bilberry  Read Replies (1) | Respond to of 9695
 
Dave, I have to agree with you. The swiss private placement was much worse than what would have occured, if the warrants were excercised. First, I would rather have current JMAR shareholders hold shares rather than this swiss outfit. Second, the dilution is much less with the warrants. The private placement was at about 3.40 a share, and these people got a warrant for every four shares too. The warrants are a good way to raise capital, and distribute the stock to many holders rather than one which prevents a lot of the abuse we have seen.

One big reason that JMAR should excercise the warrants it that the 12.6 million raised would put JMAR in a much better bargaining position for potential joint ventures. A cash weak JMAR is not what we want. I want to see the money in there in the shorter term. My point is even if they do not need money in the short-term, it still benefits them when negotiating with larger companies.

--Bilberry



To: Dave Swanson who wrote (4925)1/30/1998 11:37:00 PM
From: Candle stick  Read Replies (2) | Respond to of 9695
 
>>>You just don't get it, but I'll try one time.<<<

Sorry Dave, but I think you are the one that doesn't get it. Companies make errors all the time when trying to expand. Investing in CAtS, I consider a legitimate error, and the company will actually come out with minimal losses once the division is sold....might even have a small gain...I know because Martinez told me so.....as for the Swiss placement? So they shorted 700,000 shares...big whoop, with a float of around 15 million thats spit in the ocean......what do you think will happen when the stock of 2.7 million warrants gets sold?

As for a decision about extending the warrants? Sheer stupidity as far as I can tell, ESPECIALLY if its soley to make the holders happy....THAT is not in the best interest of the company. NOONE can convice me differently. The best interest, IMHO, would be to lower the float , release some positive news, let the earnings increase due to the reduced float, and THEN do a secondary when the price is higher.....in the meantime I would like to see a spinoff of at least the X-ray lithography so that Wall Street will cover it and draw some attention to the company....I may have been a bit hasty by saying I would sellout if the company extended the warrants, but for sure I will have to take a long hard look at what the management is trying to accomplish should that occur. Once again, I don't believe it will happen and I urge anyone interested in the companys' future to buy the stock and not the warrants............;^)