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

To: jjs64 who wrote (1761)5/19/2000 11:13:00 AM
From: Herc  Read Replies (1) | Respond to of 2484
 
I stand corrected. I meant technophile. It was late. But these companies products are often so new and so complicated that almost no one really comprehends them, especially moi.

I can remember when Cisco bought Cerent at over 100 times sales, no analyst really understood what Cerent did.

But why would an established electronics company like MOLX buy in if LUMM were a pipe dream?



To: jjs64 who wrote (1761)5/19/2000 11:54:00 AM
From: s-words  Read Replies (1) | Respond to of 2484
 
jj, No one is disputing that Lumenon is a development stage company, and therefore a high-risk investment. Have you read their SEC filings? This is clearly spelled out there.

Perhaps Lumenon doesn't fit your investment profile. Others have made a different assessment.

In the legitimate business world, POS means "point-of-sale." Could you use a different acronym to avoid confusion and/or vulgarity?

Allan


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