Long on Dell,
"""And I thought about buying 25,000 shares at $2..."""
Its not too late, you can buy 5,555 shares right now for the same money. Read this first though.
"""By Ben Dummett
TORONTO (Dow Jones)--Lumenon Innovative Lightwave Technology Inc. (LUMM) says it has found an alternative way to significantly lower the cost of adding capacity to fiber-optic communication networks.
Faced with the need to transmit data, voice and video over one network pipe, operators are looking for ways to expand the capacity of their existing systems without incurring the costs of replacing them.
Currently, network operators rely on dense wave division multiplexing, or DWDM, equipment, which includes components made by JDS Uniphase Corp. (JDSU) and other companies, to boost transmission capacity of their fiber-optic networks. Fiber-optic networks transmit digital traffic using light.
JDS Uniphase, which was created out of the merger in July of JDS Fitel Inc., Nepean, Ont. and Uniphase Corp., San Jose, has seen its stock jump since the tie-up because it is a leading supplier of components for DWDM systems.
Lumenon, a start-up based in Dorval, Que., builds hybrid glass circuits that fit on silicon chips and effectively work the same way as traditional DWDM multiplexers, explained Stephen Litwin, head of investor relations at Lumenon. But Lumenon's equipment can be made at a "fraction of the price" of current DWDM multiplexers because the manufacturing process isn't as labor intensive.
Lumenon "stamps" the hybrid glass circuits onto the silicon chips, whereas traditional multiplexers need to be made one at a time--which requires more labor, making the process more costly, Litwin explained."""
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