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Technology Stocks : White light from LED

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To: kinkblot who wrote (270)5/9/2000 6:19:00 AM
From: The Ox  Read Replies (1) of 565
 
I thought this paragraph from MVIS earnings release was applicable to this thread.

Just food for thought (disclaimer, no position in CREE or MVIS):

"Technical progress during the quarter in key areas of microscanning and
light source development has been outstanding with developments at both Xros
and Microvision contributing to the advancement of our micromirror
technology," continued Rutkowski. "We renewed and increased our program
effort with Cree in order to provide light sources for a variety of display
products including products for the rapidly emerging mobile internet market,
and we announced our relationship with Gemfire that could enable
laser-scanning projection displays to meet demands for increasing performance
in markets for desktop monitors and television screens. Our strong balance
sheet allows us the flexibility to make greater investments in research and
development in order to accelerate development of display solutions for the
mobile Internet applications. We are now in a position to evaluate and act on
new and exciting product opportunities for non-display applications of our
technology in the digital imaging domain. Our objective continues to be to
ensure the long-term strength of the company and enhance its value for our
shareholders."
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