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


To: Jan Johnsen who wrote (1241)7/10/1998 8:52:00 PM
From: Thomas Leavitt  Read Replies (1) | Respond to of 7720
 
I've recently bought in, to the tune of 1500 shares or so.
Lost a little money so far (bought initial batch at 9 1/2), but am not particularly worried, am keeping a fair amount in cash at the moment,
too. I'm definitely optimistic for the long term, even though the shares are only trading at $1 above the IPO price. Clearly, the company has come a long way since then.

With regards to dilution, etc., dilution doesn't worry me, as long as it leads to growth. If the company has to do a secondary offering, so be it. I would hope that they could generate a fair amount of heat around it...

Really, this company, in my mind, should be categorized with the Internet stocks, in terms of it's upside potential... the VRD *is* the display of the future, there is no question in my mind about it... and the future is lightweight, omnipresent, wireless information devices... all of which will need a lightweight, high resolution display. No LCD will ever approach VRD's potential.

Anyone who has seen Tron, or read Snow Crash or Nueromancer, knows that the future of VR is immersive. Try doing that with an LCD!

Thomas