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

To: Mike Hardy who wrote (1296)	12/16/1999 5:19:00 PM
From: Steve	Respond to of 2484

Is it possible some big boys are accumulating during these dips. I-Watch still shows a good propotion of institutional trade. I wonder if they have to walk the price down to get the blocks together ? Any price below $24 (approx. MOLX investment price) is money in the bank isn't it ? Signed - Mr Naive. Pls be gentle.

To: Mike Hardy who wrote (1296)	12/16/1999 6:06:00 PM
From: Fred McCutcheon	Read Replies (2) \| Respond to of 2484

Is it not likely that the buyers of the private placements at $4 and below, all of which included warrants to buy more, took the opportunity to lock in some profits at $40+ by going short. They are restricted by Section 144 from making outright sales for some time but they could lend stock to someone near and dear who could then short with impunity and share the profits with the stock lender. Mention has been made of two Canadian investment companies which hold large positions in LUMM which came from private placements. Maybe they should be asked about this kind of thing? Fred McCutcheon