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

To: Ruby who wrote (526)	7/8/1999 9:42:00 PM
From: Don Johnstone	Read Replies (1) \| Respond to of 2484

<<the stock price has to fall>> That sounds like a shorter's dream come true. Any takers?? Cheers, Don

To: Ruby who wrote (526)	7/8/1999 11:45:00 PM
From: Ted M	Respond to of 2484

The price is trading on hope for the future and is not out of line of many, many other hopeful high-techs. If you want to talk about price further, what's the point? It is what it is. They appear to have an early and sought after and admired position in photonics, which holds promise for revolutionizing data communications. This is the stuff of dreams and the price will reflect that, as the possible future earnings could be huge You've said why you think it is overpriced. i've said why it is not trading at book value. What more 'discussion' can there be?