Luminart - LUMNF, LUMN-T Message Board

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Microcap & Penny Stocks : Luminart - LUMNF, LUMN-T

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To: who wrote (1)	6/30/1996 11:32:00 AM
From: Paul J. Sharga	of 329

Michael, it's just a pullback. I have been watching LUMN for weeks waiting for an opportunity to add to my position and I did so on 6/28. The stock is up over 150% in just a few weeks and its only normal to see this, especially in a small stock where people are programed to dump once a small stock has doubled. After looking at the chart, the stock could continue to pullback to the $3 level, but I didn't want to wait because the stock made a little hammer move and this may indicate that the decline is nearly over. Like you, I believe this stock has tremendous potential and indeed has made a better mouse trap. I talked to their IR during this past week and the inferences were also to bigger and better things to come --- and sooner than later. This stock will not need hype to support it. LUMN is represented in every continent (except Antartica) and it's product is currently found in over 60 countries. Not bad for a US$3 stock! Supposedly the company's product is currently being evaluated by a major retailer in South America and this could be their next big contract. Thanks for your response and as always --- Good Hunting Paul

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