Optical components supplier Lumera Corp. [LMRA] announced plans to merge with privately held high-speed communications chip developer GigOptix Inc. in a transaction valued at more than $40 million. The...

Let the bashers keep bashing guys.. This was one of LMRA better conference calls. Although much work needs to be done I feel they are on the right path and are actually closer to getting some real orders than some think. Some of the positives are.
1) 6.0M in govie contracts forthcoming (2x last yr rev)
2) LMT relationship to deepen in 2008 (im expecting more orders as the year progresses)
3) 4 system integrater evaluating our 40gbps (2 of them only looking into lmra solution)
4) Telecordia only 3-4 months away.. (this will be the major news that will propell this stock)
5) DARPA says LMRA is only vendor meeting key milestones.. expect phase III soon
6) Kx5 to be released in MAY at PEGS (on target) with 2nd early access due in q2.. exp pricing 375k each
7) Enough cash to get us through 2008.. expected burn to be about equal to 2007.

Negatives...

1) 100gbps still not delivered due to packaging (vendor)
2) MMW about a year away.. (however LMRA will be supplying the materials and modulators for the units)
3) Still working on developing suppliers/vendors for the packaging connector ects..
4) CEO still not found


Currently you have a company that trades at a 40MM market cap (with 14.6M in cash) that is getting closer and closer to having its products accepted into multi billion $$ markets. IMHO we should be trading at around 100M market cap as we approach telecordia certification (thats when some real orders start to become reality). IMHO the stock is done going down for now.. may still base here above $2 (due to the shitty mkt we are in)and firm toward the june/july timeframe. Right now there is zero risk premium being given in this market.

Lumera Corporation Announces Agreement to Develop Millimeter Wave Communication Systems with Asyrmatos, Inc. If you have not downloaded Mojo’s chat room yet you can do so by clicking here! Or you can copy and paste the below link into your browser. http://www.hotconference.com/software/conference.php?id=73991... You do not have to use your real name just pick a screen name that you like and you are in the room.

Time to get to know more about Lumera Corporation’s Bioscience , Electro-Optics , and Plexera of course before the next big move would be better with the current pivot point @ $4.29 and Resistance at $4.57!

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Time to get to know more about Lumera Corporation’s two core units Bioscience and Electro-Optics of course before the next big move would be better with the current pivot point @ $4.41! Buy this under $4.50 is a great buy. The corporate overview video will help get you started here . Lumera Podcasts here .

Lumera Corporation LMRA ( Google Yahoo Earnings Chart Barchart )
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2007 Press Release here

Lumera Corporation (Lumera) develops polymer materials and products based on these materials. The Company develops products for two primary markets: bioscience and electro-optics. It designs and synthesizes polymer materials at the molecular level by using nanotechnology. The Company is a subsidiary of Microvision, Inc.

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