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

To: henry jakala who wrote (7795)	4/16/1999 4:54:00 PM
From: Bilberry	Read Replies (2) \| Respond to of 9695

Henry I feel the same way. People are buying these internet stocks in a crazed fashion. People buying the stocks without even knowing what the companies are doing. Reminds me of the book about these manias. They always end up going bust, and damaging the market. Its a bubble waiting to burst and it will burst. Same thing happened to Home Shopping Network stock years ago, and with Biotechs a couple of years ago, and gene companies. Why would anyone want to own stock in a company that sells things on the internet? Its not like chipmaking where it requires a billion dollars to open up a plant. Anybody with a computer and $10,000 can open a full fledged internet business. Competition will roll in and smother the market. I see something like 80 auction sites competing for Ebay business. Eventually it will happen to all internet activities and internet will be as common as retail is today. Everyone will have it and it will be no big deal. This is a big factor to what is keeping legitimate small caps under water. But it can't last forever. JMAR will be back with the small caps. Like in 1996 when JMAR tripled in 4 months. We just have to be patient. I don't know when the tide will change but I don't want to miss the next JMAR wave. --Bilberry