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

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To: Sultan who wrote (7)	2/7/1999 6:33:00 PM
From: Jay Arkay	Read Replies (1) of 9

After starting this thread, and patting myself on the back for spotting a breakout, the bad quarterly news came out. I have bailed out for the short term, just barely covering my cost basis plus commissions, sad to see the quick but phantom profits disappear. But I'll be keeping my eye on LUM and will stay tuned to this thread for views and developments. At some point LUM should be an attractive buy, but I would keep the powder dry for now while share price consolidates following the bad news. Hope I didn't cause others to jump in after the short-lived spike in price. Jay

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