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

To: EL KABONG!!! who wrote (7236)	1/1/1999 5:53:00 PM
From: Bilberry	Read Replies (1) \| Respond to of 9695

As the new year 1999 is upon us, I would like to have a discussion about the future price moves of JMAR based on certain projected earnings. From what I have heard and seen, I think there is a good possibility of JMAR achieving 35-40 million in sales in 1999 and $60-70 million in 2000. Earnings during these years I think could reach .20-.25 cents in 1999 and perhaps .50 in 2000. If we reach these levels, which given the 3 emerging technologies (XRL, Brightlight, Semiconductor), looks good, then prices given a higher p/e evaluation should reach the *$6-8 level in 1998 and $15-20 level in 2000. I certainly would think that JMAR would command a p/e ratio of 30-40 times earnings during this hyper growth period in its history. I just wanted to let everyone know that I did not just pull those price projections out of a hat, and calculated reasonable targets based on potential revenue. I would like to hear if anyone concurs with my projections. Here are some assumptions I have made for 1999 earnings:* Most of the $13 million DARPA funding will hit in 1999 Brightlight will be introduced in early 1999 and contribute to sales JMAR Semiconductor which is now profitable will make a big splash in 1999. XRL introduced with limited contributions (not a big factor in 1999) Asian markets recover to some degree starting in the 2nd quarter creating more sales for JMAR's precision instrument division. Assumptions for the year 2000* Brightlight product introductions will continue and sales will build steam making substantial contributions to revenue and profits. XRL starts to attract Chipmakers to buy their x-ray lithography systems and systems are sold in 2000. *JMAR Semiconductor continues to grow and JMAR can start to sell proprietary chips (in the commercial market) in which the government has paid for the initial R&D. Nothing is set in stone, but this is where I see things going. --Bilberry