Microvision (MVIS) Message Board

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Microcap & Penny Stocks : Microvision (MVIS)

MVIS 0.914

-3.2%

3:59 PM EST

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To: OldHack who wrote (383)	8/18/1997 12:14:00 AM
From: wfrazee	of 7721

The 10 Q didn't give any indication of what the contracts with the AF, Boeing, Erickson, and unnamed co are worth. Since those contracts were all let in the past or current quarter, I think the 10Q showed more expenses, than income as related to those contracts. Since MVIS stated payment to the company is base on % of completion, we'll probably see higher revenues this quarter, and probably even higher in the 4th quarter. Anyway. I would expect the company to continue to post a loss thru this time in 98, Maybe by 4th qtr 98 we'll start to see real sales materialize? I didn't really see any bad news in the 10Q. The company didn't indicate any problems or expected delays in meeting contract deadlines. I'd love to see this swing below 6 one more time to pick up more shares but I'm afraid we might see a new bottom form around 8. Good luck to all and may we all be blessed with a profitable investement this week!

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