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Microcap & Penny Stocks : Luminart - LUMNF, LUMN-T
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To: Paul J. Sharga who wrote (38)9/25/1996 6:40:00 AM
From: Brian MacDonald   of 329
 
Bob Hill, the new COO, seems to be a beacon of light in the company
but unless Mike Ivesic releases the reigns we'll likely get more of
the same.

I've been a believer in the product - now if only I could trust the
management. Two years of positive earnings that turn negative once
they are looked at by an acountant is a little hard to take.

The Warner Bros. situation may not even make LUMN money. Maybe it's a
loss leader that leads to nothing more than a loss. Who knows anymore?
It sounds great but so did several of their other press releases.
What ever happened to the big beer companies in S. America who were
going to install several thousand signs? Where did this lead to?
Do they even mention this any more? Please let me know.

Brian

P.S. I'm still holding.
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