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Technology Stocks : LUMENON - THE FUTURE OF PHOTONICS -- Ignore unavailable to you. Want to Upgrade?


To: Sleepman who wrote (40)3/21/2001 4:51:12 PM
From: Don Johnstone  Respond to of 41
 
What is going on? People who own are scared or lack confidence and sell, driving the price down. That's the cause. The cure? A big contract with anyone, preferably someone big. That validation should bring confidence to the present investors, stop them selling and encourage new investors to purchase, driving the price up. It all hinges on confidence and validation arising from that big contract announcement. When? Any day, week or month. My guess. Apr. 1, 2001 to July 1, 2001.

Don't forget, we are a pre IPO stock in the normal state of affairs. We only got on the market at such an early stage because of the reverse takeover of a shell. Pre IPO companies at the same stage of development as LUMM is at today have a year or two to prove themselves worthy of their IPO. So that's my time frame for LUMM. A year or two from now forward. They have cash enough for about 10 more months and by then should have a self sustaining income to carry them forward into the high growth and expansion area.

DJ