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


To: Lola who wrote (2674)5/26/1999 12:22:00 AM
From: Obewon  Respond to of 7720
 
Have been racking my brain over that very question for the past week as MVIS has started to take off.

I decided that while the stock is probably ahead of itself on fundamentals, the long-term potential is such that it may not pull back. I remember saying that I would jump into Microsoft if it would ever drop to a "reasonable" level, but have missed out for 13 years.

I'm not saying that MVIS is directly comparable to Microsoft, but I can reasonable see millions of VRD based systems (cellphones, viewglasses) being sold within five to seven years to consumers and businesses. When I look at that future I have to ask myself does holding out for an additional dollar/share in profit really matter.

More importantly, even at this point in its development, people are starting to come up with dozens of applications that were unheard of just two years ago. Right now the market opportunity is expanding exponentially as each new application is being conceived.

As cash comes available, I will be buying at $29, $35, $21 or whatever price I must to continue accumulating shares.

Obewon



To: Lola who wrote (2674)5/26/1999 2:17:00 AM
From: Dee Jay  Read Replies (1) | Respond to of 7720
 
if the volume and pricing and the rest of today's market are indictors then I would say the train has definitely left the station and is gathering steam for a real sprint down the tracks...it is quite possible that a new all-time high is within sight, i. e. the next 60 days.

The reasons are as stated on the board - new applications now being conceived and those yet to be thought of but which will greatly benefit from the plural technologies Microsvision has in hand and in development.

IMHO

Dee Jay