LMRA tested its Sep 27 H of 4.72 at 10:11AM The stock was up 24.7% at its intraday H
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Its volume of 1,120,290 is already close to 5x its ADV.
The move today was in connection with its modulator for optical transmission systems, so it is somewhat O.T.<g>
Lumera Corporation Introduces High-Performance 40 Gbps Optical Modulator
Monday October 15, 8:50 am ET
BOTHELL, Wash.--(BUSINESS WIRE)--Lumera Corporation (NasdaqGM: LMRA - News), a leader in photonic communications, announced today the release of its 40 Gbps electro-optic polymer modulator for optical transmission systems.
Lumera’s modulator combines the lowest drive voltage and the highest bandwidth capabilities available on the market today, while maintaining a smaller footprint than existing electro-optic modulators.
“The global expansion of broadband networks due to the dramatic increase in data transmission traffic has generated increased deployment of 40 Gbps optical network systems,” said Dr. Raluca Dinu, Vice President – Electro-Optic Business Unit.
“We are proud of our achievement as our modulators offer simultaneously low drive voltage and broadband capabilities.”
Gilder Technology has coined the word “exaflood” to describe the rise in connected devices such as cell phones and music players.
The ever increasing number of consumers utilizing these products has fueled interest in components with higher performance as telecommunications companies are being forced to upgrade their network systems to meet the demand.
“We believe that system developers are close to making the leap from 40 Gbps to 100 Gbps networks to meet the growing demand for bandwidth, greater speed, and lower power consumption.
Our polymer modulators meet those requirements and position us well to capitalize from the market explosion,” Dinu continued.
Lumera intends to aggressively market the unique value proposition of our modulators to system developers currently working on 40 Gbps communications networks.
By demonstrating that polymers are a superior and reliable alternative to crystalline materials, we will strategically position the next phase of Lumera’s electro-optic product suite, namely the 100 Gbps modulator.
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LMRA has resistance at the $5 level, but it has increasing revenues in the last 4Qs & as continued to trim its losses.
As previously mentioned, LMRA has transfered its Biotech business into its Plexera subsidiary.
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Bernard
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