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


To: Bilberry who wrote (6646)9/14/1998 11:34:00 AM
From: Bucky Katt  Read Replies (2) | Respond to of 9695
 
Interesting timing of the tout write-up, share buyback talk, and the $1.1 mil of new sales. Makes me wonder....



To: Bilberry who wrote (6646)9/14/1998 2:22:00 PM
From: Falstaff  Read Replies (2) | Respond to of 9695
 
Based on this news? No, this order is to IBM again, and it is nothing but old business. This does not represent anything to get excited about. Your other news events, perhaps, but not this. This is just inertia. It's good business, but it is not new business.

Pretty fast does not even begin to describe it. This equipment had to have been in fabrication some time before the announcement. For this type of equipment, 6 weeks is an excellent delivery, and it can be as much as 16 weeks, depending mostly on lead times from vendors. This order has been baking for some time, probably unofficially. I wonder how much money JMAR committed to building this equipment without having the official purchase order?