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

To: Richaaard who wrote (6642)	9/13/1998 6:04:00 PM
From: Bilberry	Read Replies (2) \| Respond to of 9695

Things are looking up for JMAR this week coming up. JMAR buyback should give us support in the current area. I also think that it is a wise investment for JMAR to buyback their shares, as their return on investment should be higher for buying stock here than other uses. If JMAR believes that next year will be a very good one, then they may be able to sell their $2 shares for say $4-6 next year making a rate of return (100-200%) that will be hard to match. All indications from the company point to 1999 being a very good year. Another factor is that a lot of the R&D costs associated with Brightlight should be covered by the $13 million DARPA contract over the next 2 years. That reduces the need for cash and working capital for R&D. Next weeks conference call if preceded by news will be another positive for next week. Best of luck for all us JMARians.... --Bilberry