SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Gigoptix, Inc.
GIG 10.57-0.1%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: tktrimbath12/31/2006 11:26:32 AM
   of 148
 
my end of year review of LMRA

(market cap $0.104B)

INTRO Here's my semi-annual exercise to see if I remember why I own the stocks I own. I post it in case it helps others too.

Lumera certainly caught the eye of some crowd, but they might be fickle. The company's optical switches, bio-arrays, and antennas all sound tempting and in a normal investing environment would command a price balanced by risk and potential revenues. The most recent stock action seems driven more by daytraders than long term investors.

While Lumera has some very impressive technology and marvelous market potential, it still has to demonstrate the ability to be a company and not just a lab bench. This was their year for the business to really do something commercially tangible. Because they were not able to do so, I consider LMRA highly speculative and, unfortunately, too similar to Microvision (MVIS).

I will continue to HOLD because the lack of quantifiable progress is not proof of a lack of progress. They may yet succeed. In the meantime I am enjoying the stock's rise to near-IPO levels and hope good, solid news will be released. Such news could calm my concerns and provide a foundation for the company and the stock.

DISCLAIMER LTBH since 2004 and added some in 2006
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext