Luminart - LUMNF, LUMN-T Message Board

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

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To: Kevin Mahler who wrote (35)	9/20/1996 3:33:00 PM
From: Kit H. Lou	of 329

All: trading has resumed! Current bid and ask: C$1.75 - C$2.00. Touched a high of C$2.15. Not a whole lot of volume. Maybe folks are waiting for the string of positive news releases... I find it ironic that they spent C$4.4 million to make C$4.6 million in the first quarter and said that already reflected positive impact of their cost containment program. Looks like they need much more cost containment measures! How much faith do you have with these unaudited numbers, given what happened with their audited annual results? Best Wishes, Kit

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