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Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ruby who wrote (508)7/8/1999 8:51:00 AM
From: David S. Dennison  Respond to of 2484
 
Where did you get the figure 5 million for revenues in 2001. I don't remember seeing anywhere any official numbers (or any unofficial until now). This thread is not a hype thread. If you look at the history, it is a thread where 95% of the information is based on facts, and the other 5% is imagination with a solid foundation built on those facts.

I find the timing quite strange that these recent few pesimistic views posted here and on RB suddenly by two users that I don't recall ever posting. Perhaps sour-grapes that some people didn't get in at the level they wanted and are now trying to introduce some negativity and cry "pump and dump".

If your a nay-sayer, then so be it, but please bring some facts, and let your imaginary scenarios have a solid foundation.



To: Ruby who wrote (508)7/8/1999 8:57:00 AM
From: Ted M  Respond to of 2484
 
I know you didn't ask me but there really is no reason to explain the price. It is what it is. Explain AMZN, YHOO, and EBAY in their early days. I certainly don't understand photonics very well but what is obvious is as follows:

1. More 'bandwidth' is needed and companies are rushing to find it. LUMM may have a solution. Bandwidth is the cornerstone of the internet revolution.

2. Molex is a big name in the industry and has formed some kind of partnership which is relatively secretive at this point. In addition they have invested 3 million in the company. This speaks volumes.

If you want a company that trades on fundamentals go elsewhere. Ted



To: Ruby who wrote (508)7/8/1999 10:03:00 AM
From: Don Johnstone  Read Replies (1) | Respond to of 2484
 
I must say in deference to your point of view that I certainly hope that LUMM does not get too swelled a stock price out of all proportion to whatever its true value actually is. That would do no one any good in the long run. In the short run, of course, there would be some fast profits to be made. In the long run it would trade at a price more in line with its earning ability, and very quickly return from overinflated values to its justified price.

Presently this company, fresh from a grand opening launch, doesn't really know what it is worth. It is full of enthusiasm, prospects, and hope, not hype, I don't think, but hope. And the market, perhaps too often, puts too great a value on hopes!! But what is one to do, put a caveat at the bottom of every posting, like is done for press releases, when listed on NASDAQ, that in effect says 'watch it'- there's a lot of future oriented talk going on here? Perhaps, but not likely!

In my particular case I have great hopes for LUMM, no doubt about it. If this enthusiasm and anticipation comes through as misleading hype, well it is being misunderstood. I have always in my postings endeavored to convey the true situation, that it is in LUMM's prospects and the future where the value lays not here and now.

I hope this post clarifies that for those who thought otherwise.

Cheers,

Don