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


To: Devil's Advocate who wrote (911)9/22/1999 1:35:00 PM
From: RCDTD  Read Replies (2) | Respond to of 2484
 
Devil,

I don?t know how these pump and dump works. When publications came out about LUMM, I bought more. It was always in the higher end!! I guess I got caught in the pump and dump. However, LUMM has always risen to the occasion. My thought is that a pump and dump can only be temporary. If a stock is true, it will always go up to it?s supportable level.

At this stage of the game, I don?t believe it is a pump and dump situation. As the analyst projected, the support level for the short term can reach $22. These guys have done their homework and have more realistic projections. My guess is that LUMM is close to having their next generation of technology ready for the market place. No other company can produce such products!!! This is a huge event in the PHOTONIC technology world. Filing for NASDAQ is coming soon as well. Remember, this is a technological break through. When it reaches the market the ?holy grail? will have arrived. LUMM is beginning to be discovered and with that discovery buyers which consequently drives the price higher.

Just my 2 cents.