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

To: pat mudge who wrote (1558)	3/14/2000 1:42:00 PM
From: Don Johnstone	Read Replies (1) \| Respond to of 2484

<<<This shows a lot of respect for their shareholders>>> True. Shareholders with deep pockets. I hear Bookham will shortly go public in an undertaking handled by Goldman Sachs. It will likely be a repeat of Sycamore all over again in the trading rise from the priced figure on the first day. Then there is Nanovation in Miami which is scheduled to go public this spring. Another high flyer expectation. I would have bought any of those when I bought LUMM but they were private and my pockets were not so deep then. So I bought what was available - LUMM, kind of a pre IPO placement then, but it traded on the OTC:BB. I understand LUMM will have an IPO, or rather a qualified IPO, after their listing on NASDAQ NMS in a month or so. With the shares now out I guess the placement will be priced in relation to the stock price. No Sycamore/Bookham/Nanovation price rise action for us present shareholders. Maybe we'll get lucky, though. You never know. Cheers, Don

To: pat mudge who wrote (1558)	3/17/2000 10:13:00 PM
From: jjs64	Read Replies (2) \| Respond to of 2484

Pat; Greetings! I too was at OFC, and was spectacularly unimpressed with LUMM's showing. I dont know if you were there for Monday's full day symposium, but a whole bunch of companies presented, including many companies working on photonic integrated circuits, all of whom were much further along than LUMM. None of these other companies backed into a shell. None of these other companies are touted by bucket shops like Groome Capital, and none of these other companies issue such breathless BS press releases. Most of the presenters used more standard semiconductor type processing, as Bookham and Lightwave Microsystems do. One company, from France, presented a fused silica based product, using a process more similar to that of LUMM, which was so far ahead of LUMM's (it was a complete integrated in-line EDFA!) What really struck me was that producing integrated optical waveguides is just not unique, and there are some companies pitching the idea that AWG tech is a long-term dead end, and see a return to high-performance filters. What's your opinion? LUMM IMO is just another stock tout, in 2 years it will most likely have a new name, as it chases the latest hot fad. Buyer Beware!