Luminart - LUMNF, LUMN-T Message Board

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

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To: Kit H. Lou who wrote (30)	9/19/1996 1:48:00 PM
From: Paul J. Sharga	of 329

Kit, my broker was on the conference call yesterday. He said that Luminart management basically came clean with the entire story. They took alot of heat from other brokerage houses and some mutual fund managers for being so far behind the power curve and because of Luminart's lack of "good judgement" in their own evaluation of where the company is in its stage of development. That being said, management revealed their strategy to get the company out of this quagmire and it was received with a round of optimistic approval from the investment community! Believe it or not! The company has now embarked on the philiosophy to attempt to sell to as many of the larger sign producers as possible. These are the companies that can create an immediate demand for their gel. Before they were selling to smaller sign makers believing that the uniqueness of their product alone would create demand. They have sold a large amount of the machines to smaller companies, but they have not yet received orders for the gels in any significant quantities because the small companies have trouble in marketing products. All that being said, and after listening to how well the investment community responded favorably to Luminart's new marketing strategy and its addition to some new people who are changing the company's marketing philosophy around, I will be adding to my postion for the LONG run. I may be a sucker on this one, but if I was told the truth and the investment community is now behind Luminart, this is the time to add to the long positions. As always... Good Hunting Paul

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