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


To: wopr1 who wrote (1725)5/5/2000 3:00:00 AM
From: greeze  Respond to of 2484
 
Give me a break. If you refer to Lumenon's WEB site these are Preliminary Product Specifications. This is typical of development stage pre revenue companies to give out target specifications. Where is the real stuff Lumenon? All we need to see is some actual data from a part that meets these Preliminary Product Specifications. They sure could not show you any data from actual parts at OFC. Come on, Lumenon continues to claim that they can do a design process turn in a few hours. Lumenon said early last year they were making eight channel DWDM's and they could make them in a few hours. Here it is over one year later and still nothing. No sales no products. All they can show is an eight channel data sheet labeled Preliminary Product Specifications. It is unbelievable that Lumenon can go public through the back door, have no products or sales and be worth $500 million dollars. But at least the Lumenon management are multimillionaires.