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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.
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To: pat mudge who wrote (1558)3/17/2000 10:13:00 PM
From: jjs64  Read Replies (2) of 2484
 
Pat;

Greetings! I too was at OFC, and was spectacularly unimpressed with LUMM's showing. I dont know if you were there for Monday's full day symposium, but a whole bunch of companies presented, including many companies working on photonic integrated circuits, all of whom were much further along than LUMM.

None of these other companies backed into a shell. None of these other companies are touted by bucket shops like Groome Capital, and none of these other companies issue such breathless BS press releases.

Most of the presenters used more standard semiconductor type processing, as Bookham and Lightwave Microsystems do. One company, from France, presented a fused silica based product, using a process more similar to that of LUMM, which was so far ahead of LUMM's (it was a complete integrated in-line EDFA!)

What really struck me was that producing integrated optical waveguides is just not unique, and there are some companies pitching the idea that AWG tech is a long-term dead end, and see a return to high-performance filters. What's your opinion?

LUMM IMO is just another stock tout, in 2 years it will most likely have a new name, as it chases the latest hot fad.

Buyer Beware!
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