Max, I would not short it. Take a look at this from their web page:
Dense Wavelength Division Multiplexing (DWDM): DWDM is a core technology that satisfies the needs of communications service providers who are anxious to increase the capacity of optical fiber and to plan for reliability and open-ended network expansion without the cost of having to install more fiber. While existing DWDM solutions are cumbersome and expensive, Lumenon's revolutionary product will assert itself in the industry as a nimble and cost effective alternative to create virtual fiber cable. Lumenon is unique in the world in producing DWDM components in the form of miniature "optical chips" on silicon by its low temperature PHASIC? manufacturing innovation. The PHASIC? DWDM process has been invented by Lumenon to produce DWDM components to replace fused cascaded fiber Bragg grating products, and dielectric thin film/micro-optical wavelength filters and routers in DWDM systems.
In addition to DWDM, Lumenon?s technology edge gives it an unprecedented opportunity to elaborate families of products tailored to fit a broad spectrum of communications applications. Products include splitters, combiners, star couplers, directional couplers, gratings, interferometers, diffractive micro-optics, interconnects, cross connects, large scale photonic lightwave circuit modules, optical add-drops, dispersion equalizers, optical matrix switches, and modulators. _________________
These guys have some real good technology. This stock could run and leave the shorts hurting. |