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Technology Stocks : Gigoptix, Inc.

GIG 10.71

-0.8%

9:30 AM EST

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From: tktrimbath	12/31/2007 4:35:22 PM
	of 148

end of year review of LMRA INTRO Here's my semi-annual exercise to see if I remember why I own the stocks I own, and so I can check back and see if their stories have changed. I post in case it helps others too. (market cap ~ $0.043B) Lumera is a highly speculative company attempting to develop product lines based on organic materials for the manipulation of electro-optical components, bio-arrays, and applications like antennas. The good news in 2007 was that they have officially announced the launch of the optical switch products. The bad news was that none of the other products launched, the switches haven't generated significant revenue, and the CEO left suddenly. It won't take much for them to succeed, yet they don't seem to be able to manage that initial small success that will lend the company credibility. The new management has not impressed me and seems to be acting as stewards rather than leaders. Maybe they are quiet because they are getting ready to make a big announcement, but "maybe" is a not a good investment term in a company that has lost its CEO and isn't reporting substantial and quantifiable news. I will continue to hold because there is little incentive to sell. The position isn't worth enough to become a significant investment anywhere else, and who knows, they might succeed. (Ick, what a position to be in.)

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