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


To: n2growthe who wrote (4459)3/20/2000 10:08:00 AM
From: JDN  Respond to of 7720
 
Well, now we know why MVIS has shown so much strength. The GE and CREE investment IMHO effectively put a floor on the price of $45 a share and likely $50 if the price holds up another month or so. Plus the cash and short term investments on hand appear to give the company well over another year, probably close to 2 years, of working capital to fund development. By then I would think that they should be reaching profitability as their products begin to be introduced to the market. JDN