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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.

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To: dds1 who wrote (1835)6/23/2000 10:24:00 AM
From: pat mudge  Read Replies (2) of 2484
 
I read somewhere that you had soften your stand on Lumm, decreasing your 10 ft. pole to about 5 ft. So I am asking again the following

Nope. Didn't happen. But if you can provide a quote, I'll be able to tell if I'm being quoted out of context.


Do you think that most long term shareholders in this sector of the fiber optic market (photonics) will benefit long term (1 year). Basically, is it anticipated that their is enough business for most plays in this sector. Do you really need to be the first, the only, have the most products, the biggest, and the best finances to make it. Is this just an academic discussion because their will be such a huge market that companies like Lumm will have plenty of buyers for their products..assuming the products will meet and exceed expectation and specifications.


I don't lump LUMM into the fiber optics sector and won't until they have products and more than one customer. Until then they're a dream hoping to go up on the coattails of the industry.

So far they represent everything I detest in get-rich-quick, investors-are-stupid-so-tell-them-anything kind of companies.

If proven wrong I'll gladly recant.

Pat
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