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

To: Kent Rattey who wrote (2343)	10/2/2001 11:12:47 AM
From: Fred McCutcheon	Respond to of 2484

To be fair, one must remember that the Molex deal generated huge non-cash bookkeeping entries, some of which may still be contributing to the losses, reducing the cash burn rate. They have only raised about $75 million Cdn. in cash while losing about $190 million Cdn. on a P&L basis, most of the difference being Molex. On the other hand, where are the sales?? Fred McCutcheon