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


To: Falstaff who wrote (6700)9/20/1998 5:40:00 AM
From: MRothaus1  Respond to of 9695
 
Falstaff --

I am a long time LOONG JMAR stock owner. I want to commend you on your thorough note, albeit a negative one. At least you brought up facts that need to be addressed. Most negative posts are simply whiners with no facts backing them up.

I sure hope that BriteLight is happening this year as has been promised. If so, then the stock will take off because there are a lot of skeptics out there.



To: Falstaff who wrote (6700)9/20/1998 11:45:00 AM
From: Richaaard  Respond to of 9695
 
I share the same skepticism on Britelight. Either your assumptions are correct, or these guys are incredible production/marketing minds, and laser buyers will just be lining up. It would have to be one hell of a product.



To: Falstaff who wrote (6700)9/20/1998 8:18:00 PM
From: Starlight  Read Replies (1) | Respond to of 9695
 
With so many doubts and issues on your mind regarding JMAR, why don't you do what any serious investor would do --- call the company and talk to the people who can really tell you how far along their technology is. They can also tell you why they didn't acquire Santa Fe Laser (as I recall, JMAR's due diligence turned up some facts that made the company "less than desirable").

>>>Why hasn't some other experienced laser manufacturer been acquired? <<<< As I understand it, they're still looking for one, but not "any old laser company" will do.

And what is this all about?: >>>JMAR has not sold laser systems for all of 1997 and 1998. In 1996, these systems accounted for some notable revenue, but JMAR has not been in the laser systems business for almost 2 years now. Why is this? How can a company be in a business, but not in the business?<<< Are you refering to the payments from the sale of Surgilase that were made from 1994 through 1996?

>>>>I don't know enough about investing and professional managers to know if it matters much, but I am having a tough time convincing myself that JMAR can deliver more than the "story". <<<<<< On second thought, maybe you'd better not call the company. Call DARPA instead, and ask them what they think about JMAR's prospects. Also, ask them if they think the $10 million or so that they've just awarded JMAR will be a "waste" because "JMAR might not be able to deliver the technology".

We'll all be awaiting your report from the DARPA call.

Betty



To: Falstaff who wrote (6700)9/20/1998 10:46:00 PM
From: Bilberry  Read Replies (1) | Respond to of 9695
 
Falstaff, I have to agree with Mike, that you have posted what I would consider a good detailed criticism. I am not able to tell you whether it is valid in all its aspects. I also think that Betty's comments on your contacting the company directly is your best bet since these questions probably cannot be answered by those on this board. If you do call, I would like to know what JMAR says in response to your questions.

Now, I can tell you what I heard at the conference call in regards to Brightlight, which really is the most important info pertaining to the future. Martinez said they expected an order by yearend and that they have been doing demos and setting up possible OEM relationships. (This may have been going on for months or a year, I don't know). But he and the technical staff that was also commenting on the workings of the Brightlight were extremely upbeat and confident. One of the callers really grilled them about Brightlight and I believe he got a satisfactory answer about why Brightlight was superior, their first application, and how it provided a much better quality hole in circuit boards than other methods. So my impression is that Brightlight is a go, and we will see the first order by yearend, with full rampup next year and thereafter. All sounded well.

--Bilberry