Vuzix Corporation-VUZI-A Visionary Pick? Message Board

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Technology Stocks : Vuzix Corporation-VUZI-A Visionary Pick?

VUZI 3.115

-8.2%

1:21 PM EST

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To: Labrador who wrote (498)	6/4/2019 1:55:34 PM
From: richardred	Read Replies (1) of 672

Some reasons I sold. Tariffs impact, Co. goods imported from China? I'm expecting another stock offering RE- competitor Kopin recently. The technology is taking longer than I expected to catch on. Big Competitors can afford to take losses,. IMO Vuzix can't with out a funding partner. IMO there also might be a doubt by big customers. This that the company might not survive to place an order (servicing). If there is another offering. This buys more time, but is no panacea. Funding at these low prices means no partner wants to step up. I believe the IP is what's most important here. Hypothetically, that can be had in chapter 11. With that being said. Of course I hope they can pull a rabbit out of their hat. In which I would have a re-look. RE-Vuzix as a Takeout pick- FWIW- I Took funds from here and bought HBIO. IMO a Safer balance sheet hypothetical TO pick. It's Selling around the same price I sold. P.S. Hope I'm wrong, but this company just might be a case where the company was ahead of its time. Thus it won't have enough time in it's present form to adapt monetarily or as well to technologically superior competitors..

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