SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kent Rattey who wrote (850)9/15/1999 12:13:00 AM
From: Don Johnstone  Read Replies (2) of 2484
 
Yes Kent I did see it. Capacity will increase 30 fold, which is amazing considering they have not officially started to produce yet! The initial financing for this expansion which undoubtedly will require new facilities somewhere as yet undetermined takes place well in advance of the actual increase in production because of the need to secure a place in line for equipment such as a mask aligner which requires 6 month advance notice. So the new plant will be at least that far in the future. More financing will be required as time passes and contracts are awarded where necessary.

I understand that a well known Boston based institution took all of this recent financing and was looking for more! I assume that is what drove the price up most recently.

Cheers,

Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News