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: Linda Kaplan who wrote (5009)	2/9/1998 10:35:00 PM
From: SG	Read Replies (1) \| Respond to of 9695

As a fellow warrant holder I am thrilled. Warrants are cheap for companies, providing good revenue sources without hassle. They are good for speculators with limited $$ who nevertheless hope to participate in a co.'s success. The co. obviously realizes this and is hoping to revalue the warrants in a manner best meeting strategic needs. Hopefully, this will be viable for optionholders also. SG

To: Linda Kaplan who wrote (5009)	2/9/1998 10:36:00 PM
From: Bilberry	Read Replies (1) \| Respond to of 9695

Linda, I think the two months is merely to give JMAR the time to either change the terms on the existing warrants or to issue new warrants (with changes to call price, strike price, etc.). My guess is that JMAR could not change the current warrants and to issue new warrants took more time than they had, hence the 60 day extension. It mentioned in the release that these would be long-term warrants that could be exchanged. This means to me 2-3 years probably. I feel certain that there will be an exchange, and it will be good for JMAR, good for warrant holders, and good for shareholders. I don't think there is much chance of these expiring in 60 days. Just would not make much sense to go through all of this. So, this is very good news for everyone. Warrant holders, shareholders, and company. Thank you Dr. Martinez, and the board of directors! --Bilberry