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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 1.075+1.9%Nov 5 3:59 PM EST

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To: wfrazee who wrote (3707)10/17/1999 6:27:00 AM
From: JDN  Read Replies (2) of 7720
 
I just received the printed qtly report for the 6/30/99 qtr. Caused me to look at it more closely then before. Only thing that disturbs me somewhat is the level of Marketing, general and administrative expense. Dont have it in front of me but if my memory serves me correctly its the highest expense (does not include R&D which is stated seperately). I hope that these fellows are not wasting money at a time when revenues were insufficient to even cover Cost of Sales. Not necessary to have a flashy office to develop a product. Thoughts anyone? JDN
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