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To: unclewest who wrote (2448)	3/17/2000 9:29:00 AM
From: pompsander	Respond to of 10714

my wife's valentine's day earrings were somewhere in those numbers. She showed them off at work (refused to claim them as diamonds) and two friends showed up weeks later with them. So it builds.

To: unclewest who wrote (2448)	3/17/2000 10:52:00 AM
From: MulhollandDrive	Read Replies (1) \| Respond to of 10714

Wow, CREE has FINALLY got my attention! This is the oddest coincidence. I was just telling my husband the other night about a commercial that just starting airing on television. It was a take off on those diamond "show her how much you love her" DeBeers ads. Anyway, the tag line of the commercial was something like "instead of showing her you love her, just tell her and instead of giving her the 10K ring, give her 60K for her retirement.." or something to that effect. Now that may not go over well with some stepford wives out there, but I could totally relate. What I found so funny about it was I've been looking at new rings lately and I just can't bring myself to spend 10 or 20K on a ring right now, because I see it as 30 or 60K several years from now. I can just see myself looking at the ring and saying "if only I had bought 10 or 20K of CREE when it corrected in the spring of 2000.....oh well." So now it looks like I can "self reward" with a dazzling Moissanite and pick up the shares too.....Such a deal. bp

To: unclewest who wrote (2448)	3/17/2000 11:56:00 PM
From: BDR	Read Replies (3) \| Respond to of 10714

Blue Lasers MVIS paid Cree $2.5 million, if memory serves me, to support Cree's research into developing a blue laser. Cree reciprocated by buying shares in MVIS. What does the thread think of the following press release? Is MVIS just hedging their bets on blue lasers? Have they decided someone else is more likely to develop a commercial blue laser before Cree? prnewswire.com Microvision Makes Strategic Investment in Laser Development Company Technology is Expected to Enable Laser-Scanning Projection Display Systems BOTHELL, Wash., March 17 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS) today announced that it has made a strategic equity investment in Gemfire Corporation, a closely-held, Palo Alto, California-based developer of high-intensity laser light sources. Gemfire has developed proprietary technologies utilizing standard, low-cost components and planar processing techniques to enable volume production of high-brightness red, green and blue laser sources.

To: unclewest who wrote (2448)	3/21/2000 12:21:00 PM
From: LLCF	Respond to of 10714

FYI: Microvision to Receive $25 Million Investment From Cree and General Electric Pension Trust to Push Development of Displays for Mobile Internet Cree and Microvision Will Increase Pace on Development of Enabling Light Sources BOTHELL, Wash., March 20 /PRNewswire/ -- Microvision, Inc. (Nasdaq: MVIS) announced today that Cree, Inc. (Nasdaq: CREE) and General Electric Pension Trust (GEPT) have agreed to invest $25 million to accelerate development of Microvision's retinal scanning display solutions for integration into mobile handsets and mobile headsets targeted at the rapidly emerging wireless Internet market. By 2004, more end-users will access the Internet via handheld mobile terminals than wireline connections, according to the ARC Group, a leading provider of wireless market data. Of the projected 1 billion Internet subscribers, 750 million will use mobile terminals. While most analysts agree that the convergence of wireless communications and the Internet will create huge demand for new kinds of mobile terminal technology, one of the most frequently cited concerns is the small size of the displays planned for these portable devices. Microvision's retinal scanning display solves this problem by vibrating a silicon-based micro-mirror to scan a low power beam of light across the viewer's eye, creating the effect of viewing a full-sized high-resolution computer monitor. The mobile terminals envisioned by Microvision can be configured as handheld devices that will scan the beam through a small lens to be positioned around 3 to 4 inches from the eye, or as a lightweight wearable display connected to a wireless transceiver. Bill Bragin, Vice President of GE Investment Corporation, said "We believe that mobile Internet presents an opportunity as a major growth market for new kinds of communication devices. The quality and perceived size of the displayed image will directly impact the usage of mobile data services, and Microvision's retinal scanning display technology will help accelerate the growth of this exciting market." Neal Hunter, Chairman and CEO of Cree, stated "We've enjoyed an excellent working relationship with Microvision and continue to make progress in developing light sources for the company's scanned-beam displays. We're keenly aware of the demand for greater display functionality that is anticipated as mobile Internet becomes a reality. We believe that development of Microvision's retinal scanning microdisplay along with our light sources will provide superior functionality than currently exists." Rick Rutkowski, Microvision President and CEO, said "We're delighted to be reinforcing our collaboration with Cree, and we welcome GEPT -- who has been a significant shareholder in Cree for a number of years -- as a new investor in Microvision. It is the right time to move aggressively to deliver a display solution that is uniquely suited to the performance and cost requirements for mobile Internet devices, and Microvision enjoys the technical momentum and financial strength to do so." As part of the development effort, Microvision and Cree will augment their ongoing work to develop high brightness LEDs for integration with Microvision's proprietary MEMS (micro electromechanical systems) optical scanner technology to enable low-cost, high-resolution displays for mobile devices. Microvision has elected to extend its existing research contract with Cree into 2001, and has committed an additional $7.5 million to the project through May of 2002. Microvision's contract with Cree will also continue to focus on the development of blue and green semiconductor lasers for display and imaging applications that require higher power light sources. Microvision confirmed that each partner would purchase $12.5 million of Microvision common stock at $50 per share for a total of $25 million. The transaction will be completed upon effectiveness of a registration statement to be filed by the company. The transaction contains a provision that would allow the purchase price to be reset at closing in the event that the volume-weighted average for the 25 days preceding effectiveness is below $50. In no event would the price be less than $45 per share. About Microvision Headquartered in Bothell, Wash., Microvision, Inc. is the developer of the patented Retinal Scanning Display technology that uses a rapidly scanned beam of light to project images on the eye's retina, allowing the viewer to see large, full-motion images without the need for a conventional display screen. Microvision's objective is to be a leading provider of personal display products and imaging technology in a broad range of military, medical, industrial, professional and consumer applications. Additional information can be found at the company's Web site at mvis.com. Forward-Looking Statement The information set forth in this release includes "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor created by those sections. Certain factors that realistically could cause results to differ materially from those projected in the company's forward-looking statements are set forth in the company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as filed with the Securities and Exchange Commission. SOURCE Microvision, Inc. Web Site: mvis.com DAK