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


To: Greg Thornton who wrote (1156)11/20/1999 1:41:00 AM
From: Jay Lowe  Read Replies (4) | Respond to of 2484
 
Please help me understand the case for buying LUMM at these levels.

Don't they have 25M+ shares out? Market Cap of $6B?

What's the revenue model that makes LUMM worth more than CIENA ($7B) ... or 1/4 of QWST or WCOM ($26B) ... or, heck, even 1/3 of JNPR?

Damn shame I didn't have a chance to DD them when they were under a buck ... what's the argument that makes LUMM a $6B company?