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

To: Mike Hardy who wrote (1171)	11/21/1999 7:25:00 PM
From: lindend	Read Replies (1) \| Respond to of 2484

Lumm has proven itself,imo that is why the stock has been going up. How so? Note to any shorter: This is not your typical otc bb pump and dump this is for real,ask your self why the stock has been holding up for the past several weeks when normally these bb stocks come crashing down. Your rationale is wrong for at least two reasons: 1. Virtually all the junk OTC BB stocks have run and stayed up over the last month along with the market. Here are some examples: MYWB, CDDD, TMRT. In fact, A LOT of the garbage stocks have run and stayed up during this period: 2. Afrayem is promoting the stock. I have yet to see a legit company that he promotes. I am not prepared to say this is a fraud yet, but there are things that greatly concern me. i live 10 minutes from the lumm pilot plant. FWIW Can you explain how they will raise $20 million without massive dilution? Given that all existing financing has been virtually floorless or private placements at 90%+ discounts, why do you think this trend will end? Even more concerning. Why does a development stage company have such alarmingly low R&D expenditures?