just some musingmy thought for Lumos is to keep 'working' and...

just some musing

my thought for Lumos is to keep 'working' and 'doing stuff', but stop losing money; they have become the ultimate 'growth' stock... lose lots of money month by month because, ONE DAY, the motza will occur; I dislike that model of business; the management really need to have some scorecard of all their ventures.... something like, project A we will lose $2 mill in the next two year, but there is a 50-50 chance of this turning into a $10 mill windfall... then you do that project... you may LOSE $2 mill, but the projected outcome (50-50) of $10 mill... is a $5 mill income.. you spend $2 mill over two years to pick up $5 mill

that approach works well when you have a lot of diverse projects, each discernable; my fear is Lumos is a FebriDX all or nothing... but they really do have all these other things going on... but I am not even sure managment pay attention to them discreetly... they seem to come to work every day and 'do stuff' and lose $1 mill a month, and think that is OK