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[KIRKPATRICK & LOCKHART LETTERHEAD]
November 7, 2000
Luminent, Inc.
20550 Nordhoff Street
Chatsworth, CA 91311
Re: Registration Statement on Form S-1
SEC File No. 333-42238
We have acted as counsel to Luminent, Inc., a Delaware corporation (the
"Company"), in connection with the preparation and filing with the Securities
and Exchange Commission (the "SEC") of the Registration Statement on Form S-1,
File No. 333-42238, as such may be amended from time to time, (the "Registration
Statement"), of the Company, for registration under the Securities Act of 1933,
as amended (the "Securities Act"), of up to13,800,000 shares of the Company's
Common Stock (the "Shares"), par value $0.001 per share (the "Common Stock"),
including up to 1,800,000 shares of Common Stock which may be offered to cover
over-allotments, if any.
This opinion is delivered in accordance with the requirements of Item
601(b)(5)(i) of Regulation S-K under the Securities Act.
For the purpose of this opinion, we have examined such matters of law and
originals, or copies certified or otherwise identified to our satisfaction, of
such documents, corporate records and other instruments, as we have deemed
necessary.
Based on the foregoing and on all other instruments, documents and matters
examined for the rendering of this opinion, it is our opinion that upon the
issuance and sale of the Shares in the manner described in the Registration
Statement, the Shares will be legally issued, fully paid and non-assessable
shares of the Common Stock of the Company.
We express no opinion as to the applicability or effect of any laws, orders or
judgments or any state or jurisdiction other than the federal securities laws
and the laws of the State of Delaware.
We consent to the use of our name under the captioned "Legal Matters" in the
Prospectus, constituting part of the Registration Statement, and to the filing
of this opinion as an exhibit to the Registration Statement.
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Luminent, Inc.
November 7, 2000
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By giving you this opinion and consent, we do not admit that we are experts with
respect to any part of the Registration Statement or Prospectus within the
meaning of the term "expert" as used in Section 11 of the Securities Act, or the
rules and regulations promulgated thereunder by the SEC, nor do we admit that we
are in the category of persons whose consent is required under Section 7 of the
Securities Act.
Sincerely,
/s/ Kirkpatrick & Lockhart LLP
KIRKPATRICK & LOCKHART LLP
