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


To: jjs64 who wrote (2073)9/12/2000 6:24:33 PM
From: dds1  Respond to of 2484
 
jjs64

This statement is from the RB Board by AV84Fun

I think this is a very important point. Lumm does, in fact, have a customer and a whopper. How many photonics vendors can state that they have a contract with a major international company for 100% of their production capacity at a guaranteed profit?



To: jjs64 who wrote (2073)9/12/2000 8:59:44 PM
From: Walter Prager  Read Replies (2) | Respond to of 2484
 
Oh, please, let's not be asinine about this. Molex has a signed contract with LUMM to take *all* of their production up to a maximum (i.e. there is a limit to how much they are on the hook to buy, but you better believe they are on the hook). If you want to argue whether or not they are going to make a product, that's another matter (and another argument), but if LUMM builds it, they will buy.

P.S. I am not in this stock, so spare me your "Buyer Beware!" crap and go play with Auric and AP and the rest of your "truth seeker friends." Over and out, so don't bother replying.