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

To: RCDTD who wrote (820)	9/12/1999 3:22:00 PM
From: surelock	Read Replies (1) \| Respond to of 2484

> Prospects for sales growth are impressive. Studies show that the market for dense wavelength multiplexing systems should increase by close to 70% from 1998 to 2004, and will generate sales of $8 billion. Mr. Najafi feels that Lumenon's market share will never exceed 1% Is this a typo? Does that mean LUMM is currently selling for 2 times best potential estimated 2004 sales (1% of $8 billion= 2X current fully diluted market cap ~40 million)?