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


To: Richaaard who wrote (6520)9/4/1998 9:38:00 PM
From: Candle stick  Read Replies (1) | Respond to of 9695
 
What was your understanding on the XRL time frame? Did you ever discuss with
Mr. Martinez or your source?


It is a highly technical, cutting edge research project dependant on Government funding which comes when it comes...lotsa red tape....my understanding has always been "soon as possible", and noone should expect anymore....they are not building TV sets here...could be 6 months or 6 years, that is not the only reason why I own JMAR...I own it for many reasons and products, and because the balance sheet has never been better, because the Gov't continues to fund them, because IBM needs and wants the disk head inspection stations and because there are dozens of applications for the britelite lasers etc etc etc......

My "sources" have always been the company and those who work there....almost everything I have ever written has come to be, and if not there has almost always been a logical explanation, mostly delays in funding...lets remember, this is a tiny 40 million dollar company not a billion dollar gorilla like IBM....until recently, when they received the DARPA funding and the new 6 million dollar credit line from a bank, JMAR was very slow to move forward due to lack of funds....I expect things to move quickly now that the money is secured...I still think you should sell your stock....you don't own enough to be bothered with keeping track of JMAR...I am of the opinion that you can not own to much of a good thing....I continue to buy, and I think for someone who spends so much time on this board you should either buy more or get out completely, but inbetween is just a waste of everyones time, especially yours...

I have heard your complaints for weeks now. We got it. Please stop repeating it. Thanks.