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

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To: Michael Carey who wrote (23)9/4/1996 6:02:00 PM
From: Kit H. Lou   of 329
 
Mike, thanks for the post!

It's good to have a new person chimed in. I saw Heartland's semiannual report too and felt better that they did not sell Luminart the first half of the year (I believe they have hold over a million shares of Luminart for 1+ year). Yes, I do know about the Westergarrd site (they're waiting for their annual results to do an update on them).

Luminart has had its problems the past couple of years, but they are a real company poised for tremendous growth the next couple of years. Many investors' patience have been severely tested (I guess it's typical of small-cap stocks). Watch for a string of news releases in the next few weeks. At today's prices (about 50% of the high a month or two ago), it appears to be a very good buying opportunity.

Regards,

Kit
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