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

To: Starlight who wrote (6567)	9/8/1998 9:03:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 9695

The Savvy Investor newsletter has this to say at the end of their review of JMAR: "The Savvy Investor is recommending a BUY on JMAR based on the following: Revenue growth potential. We are impressed with JMAR's ability to increase revenues given the turmoil that continues to plague the disk drive and semiconductor industries. JMAR's solid core business allows them to continue research on projects that could drive revenues to new heights. If JMAR is able to commercialize its X-ray lithography process, the income potential is mind boggling. Strong balance sheet. Total assets are $19.0 million with $3.6 million in cash, compared to total liabilities of $6.1 million and shareholders equity of $13 million. Tangible book value for JMAR is hindered by $1.5 million in intangible assets (mostly patent costs). Management owns about 11% of the outstanding stock. 9% is held by the chairman and CEO. The Chairman and CEO has a conservative base salary of $175,000, plus he is eligible for a substantial cash and equity bonus based upon financial performance objectives. The stock is trading near its 52-week low. JMAR has been pushed down by the overall weakness of the small cap market and the Asian flu that has affected technology stocks. We feel that this is an excellent time to be a buyer. In the short term JMAR predicts the second half of 1998 will show moderate increases in orders and revenues over last year. In the long term, if the X-ray lithography process is commercialized, we will all be laughing our way to the bank. Savvy Investors should also note that JMAR has 2.4 million warrants that trade under the symbol JMARW. These warrants have an exercise price of $5.50 per share and expire in May 2000. These warrants have a 52 week range of $0.06 to $0.94 and currently trade at $0.38." ........it should be noted that at the bottom of the newsletter it states in BOLD letters "WE DO NOT RECEIVE COMPENSATION IN ANY FORM FROM THE COMPANIES THAT WE RECOMMEND". Our only obligation is to our subscribers. the Savvy Investor can be reached at (409)-291-8004