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

To: Obewon who wrote (2407)	4/13/1999 8:40:00 PM
From: Razorbak	Read Replies (3) \| Respond to of 7720

Absolutely amazing how this thing is trading right back down to the price of the recent PP while we await details of the S-3 filing. #reply-8717043 "Gambling? In Casablanca?!? I'm SHOCKED!!!" -- Claude Raines Razor

To: Obewon who wrote (2407)	4/13/1999 9:33:00 PM
From: Obewon	Read Replies (2) \| Respond to of 7720

One other interesting encounter I wanted to pass along. As many of you know, Adm. Bill Owens (Ret.) (former Vice Chairman of the Joint Chiefs of Staff) sits on Microvision's Board of Directors. Well, I attended a business breakfast for all the military Academy graduates here in Seattle in February in which he was the guest speaker. While I had hoped that he would speak of Teledesic or Microvision, his comments stuck to military specific issues with a heavy emphasis on the deteriorating state of the armed forces. Several of the facts and figures he used to shock up were quite interesting when you put them in long-term perspective or when you notice them coming around to bite you. For example, he mentioned the very now-relevant shortage in cruise missiles, the current attrition rate from military ranks, and the depreciation of ships, tanks, and planes to point out that even with the most recent "increase" in military spending included in the recent federal budget, military readiness is plummeting and will continue to plummet for years to come. Planes, tanks, ships, and missile programs take yeas and billions of dollars to come online. This being said, he then went on to say how with the same amount of money as in current budgets, the military could get much more bang for the buck by getting rid of the military bureacracy and stopping Congressional pork. The point I'm slowly getting to is that if the US wants to continue to have the most effective military in the world, national leadership will be forced to upgrade to military at a much greater rate than the most recent two administrations. This should be a long-term positive for MVIS and large defense contractors. Obewon