Somehow they describe themselves as "a manufacturer of high-quality optical devices" while at the same time saying "As the Company continued to focus on product development, Lumenon did not realize revenues from operations". Perhaps IR thinks we don't read this stuff.
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Lumenon Innovative Lightwave Technology, Inc. Reports
Fiscal Second Quarter Results
ST-LAURENT, Quebec--(BUSINESS WIRE)--Feb. 14, 2001--Lumenon Innovative Lightwave
Technology, Inc. (NASDAQ NM: LUMM - news), a manufacturer of high-quality optical devices
for the global telecommunications, data communications and cable markets, announced today its results for the fiscal second quarter
of 2001 ended December 31, 2000.
As the Company continued to focus on product development, Lumenon did not realize revenues from operations during the fiscal
second quarter ended December 31, 2000. The Company's overall loss for the fiscal second quarter ending December 31, 2000
amounted to CDN$7,036,000 (US$4,691,000) or CDN$0.19 (US$0.13) per share, compared to CDN$12,539,000 (US$8,688,000) or
CDN$0.53 (US$0.37) per share for the same period in 1999.
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Fortunately they have spared us the messy details and put them in their SEC filing (http://biz.yahoo.com/e/010214/lumm.html) in case we do read these.
Fred McCutcheon |
