LUMM - Lumenon Innovative Lightwave Technology Inc. Message Board

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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc.

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To: opalapril who wrote (2264)	5/25/2001 3:20:11 PM
From: Don Johnstone	Read Replies (1) of 2484

==In brief, what does LUMM make and to whom do they sell it?== In brief 'nothing' and 'nobody' - YET. But give them time, they could succeed yet. Why no sales? No clue at all, except the economic downturn. Is that it? I don't know. What could LUMM make? DWDMs mostly, with a COADM co-produced with Litton in the near feature a distinct possibility. Wander through LUMM's web site and look at all their product offerings. Iraj Najafi, not Sanjay, left the company, to be replaced by a CEO with some considerable business experience. Where will that lead? No idea. Wait and see. Patents? They are owned by the two universities where the two LUMM founders worked. LUMM has a license from the universities. There are trade secrets involved as well. Pat Mudge? I thought she was a knowledgeable researcher at one time, NN days, for example. But re LUMM, she may be right on stock price prediction but as to understanding the company, she is out to lunch, IMO. Pity! What does LUMM have left? Litton. A burgeoning market. A terrific product. And about C$25M. I hope this helps your understanding of LUMM. DJ

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