Lumonics (TSE:LUM) Message Board

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Gold/Mining/Energy : Lumonics (TSE:LUM)

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To: Jay Arkay who wrote ()	1/5/1999 11:49:00 AM
From: Jay Arkay	Read Replies (1) of 9

Hey, it appears that I spotted a break-out correctly for once (rather than a day or two late)! I took my first position in Lumonics yesterday, 4000 shares at $7.90. I thought that I might have overpaid, that any break-out was premature. But today's trading suggests otherwise. Currently (intraday) trading at $9.25, up $1.40 from yesterday's close, and with an intraday high (so far) of $9.75, $1.90 above yesterday's close. I think that Lumonics could have a lot further to go, though I am not predicting a steady ride or anything as rapid as today's move continuing immediately. Jay

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