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To: Roger W. Bowen who wrote (7)7/24/2004 1:48:33 PM
From: Done, gone.  Respond to of 148
 
It may help the balance sheet but it seems to me that it's a dilution of MVIS. First MVIS owns all of Lumera, now they only own a percentage of LMRA. What's wrong with this logic?

Depends on one's point of view, doesn't it? For example, MVIS shareholders might question the LMRA IPO logic, where the underwriters of LMRA might understand the logic.

Just one scenario that comes to mind...



To: Roger W. Bowen who wrote (7)7/24/2004 6:54:28 PM
From: Rob  Read Replies (1) | Respond to of 148
 
Roger
Do you want to own a lot (57%) of a loser or less (37%) of a well capitalized potential winner?
Do you want Microvision to have to raise future money at a premium or at a discount?
Microvision is a stronger company now with still only ~ 20 million shares so where is the big dilution?
Rob


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