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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.9100.0%Dec 26 9:30 AM EST

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To: Robert Faust who wrote (3692)10/9/1999 3:36:00 PM
From: Obewon  Read Replies (1) of 7720
 
Having read the article at mvispages.com, my take is that we are almost guaranteed $10MM in development research funding for just those two programs next year.

Considering the company's trailing 12 months revenue is just $7MM (per Yahoo profile), that accounts for nearly 50% increase in governmental contract revenue.

On top of this should be approx. $1MM in beta product shipments in 4Q99 and ramped up industrial and medical commercial products starting to ship in late fourth quarter '99(medical) and second quarter '00(industrial). Based on this, I am currently projecting revenues around $23MM next year for MVIS (an approx. 200% gain over expected '99 revenues).

Obewon
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