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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.792-2.3%9:43 AM EST

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To: Jan Johnsen who wrote (999)4/2/1998 9:24:00 AM
From: Stephan Gregory Chase   of 7721
 
Jan,

Thanks very much for your contribution on revenues. I have some thoughts that I'd like to add. Of the $1.7 million in 1997 revenues, we really only know the source for $200,000. That $200,000 was attributable to the two SBIR contracts with the DoD. That leaves approximately $1.5 million to other sources. These sources were probably chiefly Boeing, Saab/Ericsson, and Company X.

We'd have to assume that these companies (and others) will add to Microvision's revenues during 1998. I won't speculate as to how much because it's not my style, but Microvision is already poised to more than triple its revenues this year. I would expect that by year end, it'll do better than that.

On another note I believe Microvision's backlog at the moment is $5.6 million rather than the $5.0 million quoted by Jan.

Stephan
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