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

To: MRothaus1 who wrote (6586)9/9/1998 3:30:00 PM
From: henry jakala  Read Replies (1) | Respond to of 9695
 
well, a 61k block just got sold at 1 19/32 (bid)

maybe this is the rest of the overhead keeping JMAR down

we can only hope

the rah rah crowd needs to get out some smelling salts and come back to reality i think



To: MRothaus1 who wrote (6586)9/9/1998 4:29:00 PM
From: Bilberry  Read Replies (1) | Respond to of 9695
 
Mike you got it right. Wholesale margin liquidation is occuring in JMAR. That is where the selling is coming from. They sell regardless of fundamentals. When it is over is anyone's guess. I would think that the last of the margin calls from last week would be coming soon. Although there are a few that have JMAR on margin also. That could be hitting. This is the final capitulation, everyone throws in the towel.

--Bilberry



To: MRothaus1 who wrote (6586)9/9/1998 7:18:00 PM
From: Richaaard  Read Replies (1) | Respond to of 9695
 
Well put. I think you've summarized better the state of the market than any of the experts I've seen on CNBC or anywhere else. Margin is a big reason for todays market woes and their is no incentive to jump into most small caps. There are bargains, but no urgency to buy.


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