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

To: chaz who wrote (788)	9/10/1999 12:18:00 PM
From: John Curtis	Read Replies (1) \| Respond to of 2484

Chaz....uhhh...I see what you're trying to say, but me thinks you're using the wrong example with Scully(I watched THAT one unfold waaaay back in.....what....1993/4?). In the Spectrum example Scully could be consider the financial genius type(since his background was finance and business--this one of the original issues of him trying to supercede Jobs, a "scientist/visionary", at Apple). He wasn't up to speed on the wireless technology Spectrum purported to have, hence ultimately, he got hoodwinked by them. And a good hoodwink it was, too In the case of LUMM, however, the company is headed up by folks who've brought the technology(supposedly) to almost commercial reality. So from the standpoint of technological efficacy, one could say they're sound? Of course, as it relates to the financing GAMES that could be played against them by scummy types....well....I'd have to agree. Just 'cause you be educated highly in one area of technology don't mean you cannot be taken for a ride by those willing to provide you the cashiesh. (By the by, this is one of those potential ego flaws of the highly specialized, educated folk. They tend to think the more education they have in a particular area, the more they feel they can naturally be experts in everything else. The flaw in this logic is self-evident, eh?) Bottom Line? LUMM's a speculation, and will remain so until that plant is completed, and it's spitting out product which survives OEM(Other Equipment Manufacture) testing.... Don't bet the baby's milk on it. But if'n you like a potentially great speculation...welll, have at it! John~