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Microcap & Penny Stocks : n-Vision (NVSN)coming back ? -- Ignore unavailable to you. Want to Upgrade?


To: slp who wrote (59)1/6/1998 11:05:00 PM
From: Young D.T. Nguyen  Read Replies (1) | Respond to of 95
 
I called n-Vision today and spoke first to one of their finance person then to a marketing person. Wanted to get more info, if any, for the drop in price and current and potential competitions. Here are a few tidbits I got:

- Know of no reasons for recent drop in price. Everything is going normal at n-Vision.
- Last 2 years spent mainly on R&D and product development, began to focus on marketing in last part of 1997 and will continue in 1998. Expect sales to pick up with marketing efforts.
- See high-volume VR applications start to pick up.
- Asked about DisneyQuest, but n-Vision said can not comment beyond info in press release.
- Asked about pending order from Army. They understood that the full project has been approved and is waiting for new orders.
- Ask about main competitors. Said there were 3-4 real competitors.
- Expect VR applications to pickup in medical field in 1998.

I spent quite a bit of time on the VRD technology from MVIS. They said MVIS has been good at getting R&D funding, but has produced no products. There is no product offering from MVIS at this time, only R&D contracts. Said that real VRD products may not be available for 2-3 years. Said that VRD HMD are too large and bulky, and there may be issues with color and quality of graphic. (I think there is also a psychological aspect of consumers not wanting a laser beam shoot in their eyes, no matter how safe it proved to be. I don't think companies like Disney would go for VRD because of this psychological aspect.)

They referred me to a couple people for more info on VRD technology and pros and cons. I'll check with them later. It looks to me, though that there will be no real VRD products on the market in the foreseable future. If it takes another 2-3 years to have a real VRD product, MVIS may be great candidate for shorting.
Bye for now.