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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (6417)	2/12/1999 1:19:00 PM
From: VINCENT MALGAPO	Read Replies (1) \| Respond to of 12623

Hey guys sorry this is offtopic but I've heard rumors of possible alliances with Ciena and Lucent Here's some background on LUMM. Web site: lumenon.com Lumenon specializes in a revolutionary kind of Dense Wavelength Division Multiplexing (DWDM) component in the form of a compact photonic chip on silicon. Indeed, the Company has created a new platform technology for a broad range of innovative integrated optics components that allow it to sell into a variety of applications. These include long-haul and short-haul telecommunications, desk-top local area networks (LANs), multi-media LAN, Intelligent Home Network, as well as fiber channel. History: Lumenon was founded in Montreal in 1998 by two scientists, Dr. S. Iraj Najafi and Dr. Mark P. Andrews. The Company was created to capitalize on their widely publicized innovations in compact integrated optical cricuit design and glassy materials for integrated optics. (News Breaks: Opto-Laser Europe, February, 1997; Laser Focus World, August, 1997; and Optoelectronics Reports (SPIE), November, 1997.). Our Goal The world is experiencing a broadband communications revolution. Unprecedented traffic on optical networks has vaulted optical fiber into a position as a pervasive technology in the global economy. The optical fiber backbone of today's telephony networks is now crucial to the burgeoning Internet and expansion in commercial local-area and wide-area networks. Requirements for additional wired and wireless access lines to handle this expansion have exploded. Because of this growth, optical fiber - once viewed as having an over-abundance of bandwidth - is now increasingly burdened and unable to carry the rising tide of traffic. All of this has left communications service providers hungry for bandwidth. As a result major carriers are now focusing on Dense Wavelength Division Multiplexing (DWDM) as the bandwidth solution that allows them to increase fiber capacity and plan for explosive growth without laying down a single additional fiber. Lumenon will be a major force in the large-scale production of a new and revolutionary class of high performance and cost-effective integrated optics components for the DWDM market. They are currently getting ready for production ie contructing clean room, offices, bringing in equipment (some that they build specifically for this manufacturing process). Their multiplexor chips will greatly expand the capacity of fiber optics. It will make current equipment obsolete so therefore will be a big market and possible alliances in the future. They currently have no marketing due to the built in need of their products. It will be a matter of how much they can produce and how fast. This could be a mini-Intel by this time next year. Shares in the float: between 300k and 2Mil. Most of the float is privately owned by the 2 founders, a couple of universities, and the venture capitalist that helped fund initial operations. 9060 Ryan Avenue Dorval, Quebec H9P 2M8 Canada Contact: Mr. Steve Litwin steve.litwin@lumenon.com (Voice: 514-489-1315)