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

To: lindend who wrote (1178)	11/22/1999 9:14:00 AM
From: Mike Hardy	Read Replies (1) \| Respond to of 2484

Linden, revenues: --------------------------------------------- On May 19 and June 21, 1999, Lumenon entered into several agreements (the "Molex Agreements") with Molex (NASDAQ: MOLX), based in Lisle, Illinois. Molex is a 60-year-old global manufacturer of electronic, electrical and fiber optic interconnection products and systems, switches, value-added assemblies, and application tooling. Molex operates 49 plants in 21 countries and offers approximately 100,000 products through a network of direct salespeople and authorized distributors. The Molex Agreements include a Teaming Agreement, a Stock Purchase Agreement, a Stock Restriction Agreement and a Registration Rights Agreement. Under the Teaming Agreement, Lumenon and Molex agreed to jointly develop certain DWDM products related to the DWDM market and other photonics markets. The terms of the Molex Agreements are such that, subject to Lumenon testing and proving its technology and its ability to manufacture and deliver certain devices, Molex is committed to purchase the entire production of Lumenon at gross cost plus 25% for the first twelve months, with a maximum number of units per month, not to exceed 400. After the 12-month period, Molex will have the option to purchase all production of Lumenon at fair market value. Under certain circumstances, Molex may have the right to manufacture all components of the jointly developed devices in return for a royalty of 25% of gross cost to Molex. ---------------------------------------- to get more of your questions answered check out these sites specially the faq clubs.yahoo.com lummenites.intranets.com

To: lindend who wrote (1178)	11/24/1999 12:10:00 AM
From: NickD	Read Replies (1) \| Respond to of 2484

Linden, How about telling us your short and long positions? So we know where you're coming from. You mentioned Afrayem as a pump&dump promoter of SNMM. Maybe, but the main promoter I know of was Internet Stock News. And what brought SNMM down was problems with the Canadian Mounties & porn. I guess Afrayem is also clairvoyant, as he knew this would happen? My questions to you are: 1. How did Afrayem get two college profs to go along with his pump & dump? 2. I guess he also conned Molex, too? 3. The several forum members that visited the plant and talked to the principals are also part of the pump & dump? v/r, Nick, long 200 shares