Post by
helpful1 on Oct 30, 2023 11:01am
Lumentum LITE-N buys Cloud Light to Accelerate Data Centre .
Hey Gilver: I just noticed one the stocks I hold in the same space as POET is LITE. You may recall I hold this stock because they are to supply high quality lasers to POET for the same purpose ( for rapid development in the A.I. Space.) So ,today Lumentum acquired Light Cloud for $750 M.The reason I am posting this is to Illustrate the need for AI/MI . Also, another point LITE is up 11% on this news & POET goals are also in A.I. space which should indicate to all of you POET is on the right track.Remember, POET buys their lasers from LITE-N.
So, the conclusion I draw from this development is the markets approval of Lumentum's acquistion of LIGHT Cloud & the fact POET buys high quality lasers in accordance with POET'S Interposer is a forward step to sales in 2024. You all can read about the acquistion news on stockwatch.com. Just trying to be the Helpful 1 to shed same light in this space to perhaps quiet the doubters among some of you.
Comment by
Poetwhen on Oct 30, 2023 11:05am
This post has been removed in accordance with Community Policy
Comment by
gilver on Oct 30, 2023 4:21pm
Thanks for pointing this out as it is Poet-related and might be foretelling in a good way. Did you buy cheap as in "low cost" relative to now? Thx, gilver
Comment by
pennyflipping on Oct 30, 2023 6:35pm
At first I assumed all the hubbub was for v.lte (Lite Access Technologies Inc.). It's another poorly run photonics penny stock that plays in the same beer league as Pooet. It's a safe bet that poet has nothing to do with lumenge, their recent acquisitions or product Roadmaps. Hiding behind NDAs excuses is how the pumpers try to trick bagholders from selling. Lol