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


To: Don Johnstone who wrote (857)9/15/1999 9:29:00 PM
From: Herc  Read Replies (1) | Respond to of 2484
 
Either LUMM has the best con men in the world or there is some validity.

AMPD crashed and burned in just a few days. LUMM seems to have staying power.

But if they have the technology they still need to execute.

Nice head and shoulders with support at 7.



To: Don Johnstone who wrote (857)9/16/1999 11:53:00 AM
From: Conky Lives!  Read Replies (2) | Respond to of 2484
 
I originally dismissed LUMM back in July because of their press release:

July 5 news re plant inauguration:

news.photonicsonline.com

In particular, I had difficulty with the following line:

"Lumenon's photonic chip will help to multiply telecommunications network capacity dramatically and increase the market for plastic optical fiber (POF)."

plastic optical fiber to me means that their chip technology is only applicable to a LAN environment and is not in the more lucrative (i.e. glass optical fiber) space as JDSU etc.

Is this still correct?