Oprowon Lumgalm

The writing you see below was discovered during an archeological dig that was sponsored by the university where Professor Egghead works. The scientists at the dig site were completely baffled by the strange writing--the letters looked similar enough to roman letters that they thought that the language must be related to the Indo-European group of languages but it was unknown to all who inspected it.

Professor Egghead asked if he might be allowed to inspect the artifact and completely deciphered the words in a matter of minutes. How quickly can you decode the text?