SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LUMM - Lumenon Innovative Lightwave Technology Inc. -- Ignore unavailable to you. Want to Upgrade?


To: P. Ramamoorthy who wrote (2146)12/1/2000 9:32:26 AM
From: John Curtis  Respond to of 2484
 
This market is not kind to companies like LUMM....

Ram; you have a GIFT for understatement! ;-) The market's at that stage where it breaks out in hives and runs screaming the other way should 10K's, etc., be less than stellar and over the top of projections. So such as LUMM, which is still mostly story tied to the speculative nature of future networking build-out is caught in the crunch of the markets "show me" need.

So I agree it presents an interesting possibility at this level. I just might get me a traders block first thing this AM, since after yesterdays little market-wide tsunami it's reasonable to presume things will bounce today......

Longer term LUMM, like others of its "ilk," are all about executing towards future targets. I, for one, understand the need they're attempting to placate. I know the telecom industry is moving that way. It's just that LUMM is still an open question as to whether they'll be the ones the industry turns to, or no. The next couple of years should be interesting where LUMM is concerned, eh?

Regards!

John~