To: Richaaard who wrote (7615 ) 3/19/1999 9:15:00 PM From: real_time99 Read Replies (1) | Respond to
I find it hard to believe that a company like JMAR, which is probably constantly looking to say whatever it can say which is positive, would not address a restriction on disclosure up front with a customer. For people to complain about this and say that JMAR should stand up to what is probably a much larger customer with greater bargaining power and DEMAND(!) its right (to free speech?) to disclose whatever it want is a little naive, IMO. If I recall, Dr. Martinez's statement at the Red Chip was to the effect that there would be a major (or "major, major") announcement in the next couple of weeks, pending customer approval. These kind of pre-approvals cant be that unusual. The problem, I think, is not that JMAR is required to seek customer approval of the release or that JMAR meekly acceded to its customer in agreeing to such a restriction. I think the problem is that Dr. JMAR said it to begin with and, even if it is true, it raised everyone's expectations. Unfortunately most people have about one or two days' patience for this kind of information.
