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

To: Andy B who wrote (833)	9/13/1999 12:12:00 AM
From: RCDTD	Read Replies (1) \| Respond to of 2484

To all shorts!!!!!!! Fred has "acknowledged". Folks!!!!!!!! Read between the lines please!!!!!!! LUMM has got something here!!!!!!!!!! LUMM would not be acknowledged because they are simply just producing some mediocre chip. JDSU must consider LUMM as a formidable force in PHOTONICS. So I ask the shorts, why would a company such as JDSU comment the following. One of the founding father of photonics and from JDSU!!!!!! ************************************** "Fred Leonberger, chief technology officer at JDS Uniphase, acknowledged that his company faces increasing competition. "A lot a people foresee opportunities (to) bring (new) approaches to the market," Leonberger said. As well, "the desire for bandwidth and the time to market that's being demanded by the original equipment manufacturers (for components) has accelerated," he said. ************************************** By Ben Dummett TORONTO (Dow Jones)--In the face of mounting competition, JDS Uniphase Corp. (JDSU), the big maker of components for fiber-optic networks, isn't standing pat. JDS Uniphase, which was created in July from the merger of JDS Fitel Inc., Nepean, Ont., and Uniphase Corp., San Jose, is a leading manufacturer of dense wave division multiplexing, or DWDM, equipment, which is used to expand the transmission capacity of fiber-optic communications networks. Fiber-optic networks transmit digital data using light. However, start-ups such as Lumenon Lightwave Technology Inc. (LUMM), Dorval, Que., and U.K.-based Bookham Technology Ltd. are trying to win a piece of this fast-growing business by developing technology that fits optical circuits on silicon chips to perform the same functions as traditional DWDM systems. Supporters of the new technology say it costs significantly less to produce these devices than existing DWDM technology and the devices can also be produced in larger quantities. Fred Leonberger, chief technology officer at JDS Uniphase, acknowledged that his company faces increasing competition. "A lot a people foresee opportunities (to) bring (new) approaches to the market," Leonberger said. As well, "the desire for bandwidth and the time to market that's being demanded by the original equipment manufacturers (for components) has accelerated," he said. Nonetheless, Leonberger figures JDS Uniphase is in a strong competitive position. For one, JDS Uniphase is "investigating" wave guide devices similar to the technology of Lumenon and Bookham to function as DWDM multiplexers, he told Dow Jones. For competitive reasons, the executive declined to provide details on this research. However, this work underscores the company's long-standing "philosophy of having a variety of technical solutions" for a particular function, Leonberger said. For example, there are five ways of building an optical switch, "and I can tell you that we are working on most of them," he said. JDS Uniphase takes this approach because customer demands vary. "This is not a one-size-fits-all technology," he said. Leonberger noted that JDS Uniphase already has a proven track record at integrating optical circuits on chips. The company makes and sells high-speed modulators from integrated optical circuits on chips and it also builds optical switches in polymer films on silicon chips, both of which are components used to make fiber-optic networks, the executive explained.