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

To: EL KABONG!!! who wrote (7777)	4/13/1999 6:42:00 PM
From: Bilberry	Read Replies (2) \| Respond to of 9695

Hi Kerry, I have been in JMAR for almost 5 years and am more positive than ever. I try to keep myself updated and informed by scanning the internet, calling the company and talking with others in the industry. I feel that there has never been a better time to be in JMAR. The technology that has been "cooking" since my original investment is almost ready for prime time. Just in the last year, JMAR got a $13 million grant from DARPA (Military), had its credit lines expanded at prime rate, hired a world famous x-ray specialist along with 7 other prominent laser scientists. Also hired a lot of new people for JMAR Semi as well. Other new management were hired (Fred Schiele VP and aquired Continuum and appointed Steven Sarfati to head motion control at Precision Instruments). All these new hires will allow JMAR to expand and grow. The future looks very bright from my vantage point. I have seen enormous progress over these 5 years, especially over the last 12 months. Look at JMAR Semiconductor. It looked like JMAR was going to sell it. But they turned it around and it could be doing big numbers very shortly. It has turned profitable. That I see as a major positive. The current price in my opinion is extremely undervalued. I see very large numbers in the future for JMAR. Especially when you consider all the areas that JMAR has a stake in. --Bilberry

To: EL KABONG!!! who wrote (7777)	4/13/1999 10:35:00 PM
From: MJCok	Read Replies (2) \| Respond to of 9695

Kerry; Let's start with the good news, there is life among the shareholders. Now for the bad news, it closely resembles the life found on the rock brought back from Mars. :) I have known about and followed this company for probably longer then anyone here, unless Bilberry or Betty started following/holding from the IPO. (That is not intended on a slam on any of those on this board.) Speaking for myself, JMAR has been a company of extremes. It is not boring. Unfortunately it has not been profitable either. It holds, IMO, tremendous potential. To this point it has been a tremendous disappointment. There have been some missteps from Management. Financing, as you can read in the history of this board, is one of them. Some other faults have been charged to JMAR management that is not truly their fault. I can't fault them too much though. I work in an engineering firm designing and installing Industrial Process Control Systems. I know how hard this stuff can be. What JMAR is doing is an order of magnitude above what I work with. It is truly ‘Star Wars' type of technology. The people who work at JMAR are not simply the top in the field; they are the tops in the World. If you want an interesting read, pick up ‘QED The Strange Theory of Light and Matter' by Richard P. Feynman. Although not directly related it's not only interesting it gives you some idea of what is involved on the leading edge of Physics application. However do not make the mistake of thinking this leads to interesting party conversation. It's somewhat too dry for that audience. One mistake, from both JMAR and shareholders has been lack of understanding on what it would take to bring this to market. As Bilberry and Betty have pointed out JMAR has done a good job of turning around their semi-conductor division. This has been an asset since we have seen a downturn in the equipment-manufacturing sector, which had supplied a major source of revenue. Some, frustrated by the lack of movement have vented on this board; Henry and Richard come to mind. Their frustration is understandable, although when it spills over into personal attacks on other shareholders I doubt the benefit. It is also worth looking at the Market. Although some of the closely watched Indexes are at all time highs, the same cannot be said of the majority of the stocks, and especially the small and micro cap issues. They have been languishing for years now. Each year the analysts have been predicting the comeback of the small stock. So far it hasn't happened. For confirmation check a graph of the RUT, (Russell 2000) Use the following link and set the time to 2 years. bigcharts.com You may also want to look at the Advance/Decline line over the past few years, as well as the list of new highs and new lows. It shows Market leadership has been very narrow, confined to a handful of stocks. Personally it has been very hard for me to understand something like AMZN. No earnings and no sign of earnings on the horizon, yet the market cap is incredible. So far they are in a cutthroat commodity business. How will they ever get margins to justify the multiples they enjoy? IMO, they and others like them will have to correct sharply sometime. Don't be standing underneath when they do. I make no prediction as to when that may happen. Sorry if this is a very long winded response. I haven't posted here in a long time. Betty does excellent research and consistently presents it fair without hype. Bilberry has continued to believe in the company, and clearly stated his reasons for doing so. I haven't had much to contribute beyond what they and a few others have added. In summary, we have seen much progress in the Company, and none in the stock price. Some of us believe that is changing now, others don't. Do your research, place your money. Best wishes. MJ