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


To: Kent Rattey who wrote (2341)10/2/2001 8:07:35 AM
From: richroni  Read Replies (1) | Respond to of 2484
 
"They nearly burnt their entire market cap last quarter,"
Accuracy please. Their cash burn from June 30 to Sept 30 was 3 million US$. 1 million/month. Their cash on hand @ 9/30 was 11.7 million US$. 11 months remaining at the current burn rate.