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Non-Tech : Any Stock Warrants -- Ignore unavailable to you. Want to Upgrade?


To: WallStBum who wrote (469)7/25/1998 7:12:00 PM
From: Richaaard  Read Replies (1) | Respond to of 1916
 
JMARW exercise price is 5.50 and expiration is 5/15/00. They are a laser measuring device company with cutting edge technology. Their biggest customer presently is IBM although they also list Intel, Seagate and others, including medical device makers. Over the past 7-8 years their biggest customer is probably DARPA (Dept of Defense) which has been footing the bill for XRL (X-ray lithography) which is a means of measuring for a new generation of sub-micron chips. These laser measuring devices are due out in 1999. By all accounts business has taken off in the past few months and is expected to get even better. If XRL takes off next year as expected it could be huge. You may want to check out the JMAR website or call the company for a video. The video is quite impressive and I recommend it. Management is questionable from a business standpoint but no one will ever question their credentials in the laser field. Both stock and warrants are a bargain right now IMO. The stock slumped because of Asia related soft sales for the last couple of quarters but that appears to be over.

Richard