Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Candle stick who wrote (7116)	12/3/1998 6:10:00 PM
From: Richaaard	Respond to of 9695

Well put.

To: Candle stick who wrote (7116)	12/3/1998 7:31:00 PM
From: Starlight	Read Replies (5) \| Respond to of 9695

I just got a copy of the November Conference call tape. Here are some tidbits of info from it: There are several small Britelight projects currently under development for customers. Every customer's needs are different and Britelight has to be modified for each customer, so lead time on these projects can be 3-6 mos. The basic model low-power Britelights will be in trade shows in Jan. 1999. Regarding JMAR's 2-year, $13 million contract with DARPA--it is a cost plus fixed fee contract and JMAR bills DARPA every 15 days and is reimbursed. About $5-6 million of the money will be spent this year, and the rest next year - plus, JMAR expects to get an additional $10 from DARPA probably sometime next year, to take the XRL project to completion. Margins on XRL are about 35%. For the current 4th quarter, about 40% of total sales will come from precision instruments, 60% from a combination of XRL and semi-conductors. Betty

To: Candle stick who wrote (7116)	12/3/1998 7:48:00 PM
From: brent gephart	Read Replies (1) \| Respond to of 9695

I agree and am not saying differently. I, however, am of the opinion that the PR is lacking and the quality of ownership in the company on the part of shareholders is wanting. More investors need to understand what JMAR is and does that is part of the PR game. That will encourage investors to stay with the company long term and not flip the stock. For the record, I regard Mr. Martinez as a superior scientist and have great respect for him. I do not want that to be confused with anything I am saying. Also he is choosing new management with excellent reputations and distinguished careers and this bodes well for JMAR's future. I just happen to think that something is amiss, we don't seem to be making progress getting the story out. Everyone who has participated on the board in the last week has demonstrated a clear concern for the future of XRL, and the underling discussion has been when will we here about XRL. I am not saying give away the house, but JMAR should be at that conference substantiating the important role it will play. This point leads me back to the fact that we have had way too much belly aching going on with this stock. I myself have complained on limited occasion, but still keeping in mind the overall objective. I have paraded JMAR around on a pedestal for over 4 years now, and realize full heartily that they have done remarkable things with limited resources. But, my question is what is keeping the stock down. I believe the following are contributing factors. Lately on the thread we have had a discussion about XRL. On the one side we have participators to the thread that don't see the longevity of x-ray lithography and others who inherently contend that it will be the future. JMAR certainly falls into the category of believing in XRL. I am saying a little tip of the hat would be good at this point. Secondly, if everyone is so worried about XRL not being the future, or not being as good as it seems, than why on earth is everyone concerned about JMAR letting the cat out of the bag. Also, what is in the bag? I don't quite comprehend that either. Are we looking for JMAR to say: “Look we just did a chip at .07 microns!” We know that they can make a chip at .13 microns they said so. But, has JMAR said so in a way that has conveyed to the investing public, look what we can do. No, because a .13 micron chip is a big deal especially if they can repeatedly produce the chips. Third, if the BrightLight is capable of making the smallest holes in a motherboard, than why is JMAR so afraid to tell anyone? We seem to already know this, cats out of the bag. It's not as if another company can all of a sudden come along and say look we can make a smaller hole than you are able to. A simple test of the two instruments solves that situation. There is no excuse for the systemic undervalued nature of this stock. Earnings are not the reason this stock is undervalued. It is lack of interest in JMAR. What is the distinguishing factor that allows some of these R&D companies to be valued on future prospects and others such as JMAR not to be? I guess that is the question I am asking. I of all people also get the right to complain about the company because I own more shares than anyone on the board of directors except for Mr. Martinez. That also bothers me. Just another rant inundated with questions! Well at least all of you are starting to participate again. Brent P.S. I think everyone here needs a good dictionary. Secretiveness is a word and it means concealment.