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


To: Richaaard who wrote (6733)9/26/1998 10:16:00 PM
From: Bilberry  Read Replies (2) | Respond to of 9695
 
Richaaard, I must disagree with you on your point about a blue chip being a better investment. If we are looking for total return with somewhat limited risk, I believe that JMAR has quite a compelling case. JMAR's buyback plan gives JMAR stock a floor in the $2 area. You can go out and buy JMAR at $2.15 today and risk maybe .15 as my feeling is that JMAR is being bought by the company at $2. JMAR has announced quite a lot of contracts over the last couple of months. More than ever before. XRL is to be introduced after a 10 year R&D stretch next year, and Brightlight late this year. JMAR's risk/reward ratio at this point is heavily in the plus column, moreso than most stocks...(IMO). That includes blue chips.

History Lesson: In 1990-1991 technology and bank stocks were out of favor. There were unbelievable values then as now. Nobody would touch them. Good news would bounce off these stocks. Many of these stocks doubled and tripled in just six months from their lows. I believe that JMAR and other techs (Cymer for example) are repeating history with the lows set already. JMAR's stock buyback makes it an even more compelling value.

--Bilberry