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


To: Don Johnstone who wrote (1718)5/3/2000 1:32:00 PM
From: Walter Prager  Read Replies (2) | Respond to of 2484
 
Just Curious; what one factor would swing you off undecided into buying LUMM?

I started following this company when it was around $2, but at that time my only "investments" were the Mutual Funds in my RRSP. Back then it was definitely would have been a speculative, but relatively cheap, investment, and I thought it would go to the teens. Now that it's past that point it is no-longer attractive as a speculative play.

I believe for LUMM to go much higher they will need to deliver product and sales. Given that the MOLX involvement puts a ceiling to their sales potential in the short-term, I think there will be better buying opportunities.