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


To: timwa who wrote (7260)1/7/1999 8:49:00 PM
From: Candle stick  Respond to of 9695
 
There was a story on the news today, sorry did not get it all, but it went something like this:

The reason why Micron electronics was flying high today was because a Japanese chip manufacturer (I think it was Samsung) has stopped taking orders because they are unable to satisfy the enormous DEMAND that has begun pouring in....appparently the pendulum has swung the other way, and there is under capacity in the chip manufacturing sector....this sent several of the U.S. chip stocks flying the last few days and was the reason why Soundview and another major Wall Street firm have upgraded the sector....this should trickle down into other sectors of the computer market very rapidly and should provide JMAR with some good business, both at JMAR semiconductor and the micromachining division....if demand is really picking up, it should fuel interest in Britelight technology sooner than expected...

Anybody else hear this story on CNBC today?