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Technology Stocks : Luminex Corp. LMNX

LMNX 37.41

-13.2%

Jan 13 3:56 PM EST

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To: Hungry Investor who wrote (3)	3/23/2000 9:54:00 PM
From: Hamilton Rogers	Read Replies (2) of 47

Go To: luminexcorp.com Scott, I know about the company and it's management, but I'm not a technical guy and am not able to explain the technology. I do know something of where they are going from a strategic business standpoint and it is very exciting. From the Prospectus I have copied a description of the process: Luminex has developed a proprietary technology that combines a microscopic fluid stream and digital signal processing to perform high-speed biological tests at a low cost. This miniaturized biological testing format has broad applications in pharmaceutical, clinical and biomedical research laboratories. Luminex dyes microscopic plastic beads, called microspheres, in 100 different fluorescentlly colored sets. A biological test occurs on the surface of each microsphere set. This allows the operator to perform multiple biological tests in the same sample. A microscopic fluid stream carries each biological test through laser beams in the device, generating fluorescent signals which provide instantaneous test results. The issue is calendared for release for trading on Tuesday, March 28th and is said to be oversubscribed.

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