LUM 0.00% 2.3¢ lumacom limited

something smells.....as usual, page-12

  1. 4,756 Posts.
    re: corvette zo6 Hi gmt, yes I know the feeling I lost over $40,000 on LUM last financial year, sold the last of them in June 04. @ $0.21. I've taken the tax loss no problem.

    The trouble is that I believe the technology that LUM have is world class, unfortunately the people running the company are far from world class.

    I hold a little over 100,000 shares in LUM average price about $0.097 so no great loss if I lose the lot.

    I think that they will finally come good thanks to CCU and in spite of the Lumicom's management incompetance.

    I will hold out till 4TS lights up or LUM folds.



 
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