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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?

To: kili who wrote (2893)	6/14/1999 5:13:00 PM
From: dwight martin	Respond to of 7721

Quite a little drop today. This A.M. I sold my remaining warrants, planinng to buy half that number of shares, but with the lurch downward I am holding off. Are we getting lumped in with the uh, you know, internet and uh, hi-tech stocks? I still think we will be looking at weakness post-warrant-call.

To: kili who wrote (2893)	6/14/1999 7:35:00 PM
From: Rob	Read Replies (1) \| Respond to of 7721

Kim Some thoughts about the recent Microvision annual meeting: One of the main points that Rick made was this technology allows delivery of information anywhere it's needed. The implications of this thought are profound and wide-ranging. He illustrated this point by the recent development of the monochrome head mounted wearable display for the navy fast boat system. This display needs to be visible in bright light, and is being tested in the Hawaiian Islands. The navy captain piloting a small fast boat in a harbor with a very large ship in front of it so that the sailor cannot see beyond the large ship to the other side is effectively blind in that direction. By using GPS and displaying that information by augmented reality the sailor can not only know where precisely he is in the harbor but also see ahead of him to the real life water. A further example of his illustration of the game plan for the company is to use certain platforms and leverage the technology of each platform. The platforms are high performance, portable (wearable), micro- display, projection and image capture. Using Navy money to develop this wearable augmented display will allow the Microvision Company to use the same technology to solve an information problem for an industrial use. The development of the basic technology will be paid for, and Microvision can develop the technology for other applications and as Steve Willey states in his interview on mvispages.com , they can manufacture low numbers of high value displays, or develop just the concept and let somebody else manufactures for them so they do the final product, or just develop the concept as far enough along that they can hand the whole thing to somebody else to finish and produce in high volume. Another example was the partnerships Microvision is signing up. They started with partnerships with the United States Army, Navy and the Airforce followed by now SAAB, Boeing Panama, Rockwell, Polaroid, Cree and Ford. For example, he mentioned developing the very high -end display, which is for the pilots of planes and helicopters to help with situational awareness in combat arenas. Ford automobile company can take a lower resolution, lighter weight display with less specification and apply that to the driver in the everyday automobile to increase situational awareness on the highway. Wouldn't it be nice to have a warning sign appear and say "traffic stalled ahead ,exit on this ramp "and have a red arrow pointing to where the exit spot is you should take right away to avoid being stuck in traffic. He mentioned the strength of the partnership with Polaroid as knowing how to produce quality optics at high volumes at the present time. He mentioned that they have 15 patents issued, 2 patents allowed, and 38 patents pending. He estimated that Microvision would file 30 patents in 1999. He stated that there are about 6,000 individual shareholders with about 11% institutional investors filing 13 patents. One of the exciting things Rick mentioned, which is also in the Steve Willey interview, is the interesting innovative solution to the wide field of view problem. Instead of having one scanner go all the way from the extreme left side all the way across to the extreme right side and then back again to refresh that line, you could have 2 to 4 16 small scanners only having to go back and forth over a relatively small field of view and tile seamlessly this image. I thought that was a very cool idea. Hopefully the warrants will be converted after June 17. He stated the advantage of that would be increased liquidity after the warrants are exercised as well as increased capital on the balance sheet of about $3 a share. He stated that this will allow not only their internal growth to continue and at a higher rate, but also that they could grow by acquisition. That much money in the bank would allow them to purchase other companies and their patents, ideas, and expertise of their people. All in all, I was impressed with the meeting. Rob.