Not too long ago, Investors were factoring in prospective events.
Now they want to see an event confirmed first before making a move.
As to EPT, there will be more business with the FDA and this will be followed by the preliminary results of Phase II some 3 weeks away.
I think that the EPT holder is in a very good positition.
It is always possible that we may get an overall progress report as well so as to keep everybody in the picture.
I am very happy with my holding in EPT and am not the least restless about the considerable investment.
But I have been in the market for some years and a thorough study of the company helps as well:
http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=58902&sym=EPT#149290
http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=61463&sym=EPT#156349
+++++++++++++++++++++++++++++++++++
As to LUM, it is a matter of patience. They need to break into an existing field where it is not that easy to break an old contract for the sake of enjoying LUM's superior technology.
Hence, new customers will join up: Pepsi has pledged millions this year to replace some other type of advertizing with Billboards.
I can see a slow start followed by much more frequent contract signing although a degree of lumpiness will always be there.
So, it is a matter of patience: Announcements can suddenly appear from anywhere, that is the nature of the beast.
I think that China must not be underrated. Once Europe and the USA are going smoothly then that will be the next continent to tackle as well as South America and Japan.
As they say: the world is one's oyster.
Info on LUM:
http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=56268&sym=LUM#141648
Gerry
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