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

To: richroni who wrote (2286)5/28/2001 10:43:36 AM
From: Kent Rattey  Read Replies (1) | Respond to of 2484
 
This seems like an awful lot of time and energy on a company that doesn't have a commercially deployed product, and bleeds cash like a stuffed pig. They originally stated they had an 8 channel solution(over 2 years ago), and designs up to 64.

8 never commercially materialized, and 64 is now nearly outdated (note: over 2 years later). Please don't tell me they have designs for more channels when they can't get 8 to commercial deployment (which even if they could now, nobody would care).

The window of opportunity has passed them by.



To: richroni who wrote (2286)5/28/2001 12:45:23 PM
From: pat mudge  Respond to of 2484
 
Isn't the cash on hand at the end of the December qtr(12/31/00) equal to the cash on hand at the beginning of the March qtr(01/01/01)?


Yes, but not equal to the cash on hand at the end end of the quarter.

Pat


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