What’s Up With Microvision?
Eek! Something nasty is happening to shares of Microvision (MVIS), a company which makes “pico projectors,” very small projectors designed to be embedded in handheld devices, and other display products.
On January 7, the stock closed at $4.50. Since then, the stock has dropped every single day. Today, MVIS is down 68 cents, or 20.6%, to $2.58. The stock is now down 43% in seven sessions. Why? I’ve got no clue.
I’ve left message for several people at the company; I’ll provide an update if/when they respond.
looks like 3M leaped frogged them with a mini projector at ces
maybe I should learn how to spell…
http://popsci.typepad.com/popsci/2008/01/3m-beats-everyo.html
maybe i should learn how to spell… anyways
http://popsci.typepad.com/popsci/2008/01/3m-beats-everyo.html
big fund selling?
Have you seen the small cap market??? We’re lucky if it only goes down that much!!!
the technology won’t be ready on the schedule Mr. Tokman has established: the investment community has now realized that… and they will hemorrhage another 6 million in cash this quarter, to boot.
its no mystery - fly sold (is selling) his position.
dont be clueless, k?
I im trying to learn about stocks and stuff, I had my eye on this company because of the technology its producing mainly the mini projector. Would this be a good time to buy in on this Stock or is it done. Iv noticed the Decline for the last few days.
The company’s failure to comment fuels doubt and reduces credibility. If they’re on course they should say so. If they’re not, same applies.
THE NEW ANALYST IS A GOOD GUY… HANG IN THERE MARKET JUST SUCKS
THE PRODUCT IS GOOD AND IT ALL SPEED AHEAD
cfo left for asia when he returns you could always pick up the phone and call him…..they have no problems just loust small cap mkt and no up tick shorting
dw
From its earliest days, Microvision has been a scam - stealing the 1989 HMD MIT design of Dennis J. Solomon and the architecture for the PICO projector, and using its government ties to obstruct any critical review. See Solomon v Microvision, USDC, Seattle.
I have seen the device, it works, but I am suspect as to why they dont really release real info about who the OEM deals are with. If I cut a deal with Apple I would broadcast it everywhere possible, or with motorola for that matter, or LG, but methinks these folks are living lavida loca and have little or no interest in delivering the goods on a timely competitive basis. I own a chunk of the company and they are also NOT very easy to communicate with. If and when it goes back to about 5 I am out and I am going to go build my own product.
Until Microvision gets a production contract involving real money with a real (named) company and starts getting real money coming in, this continues to be only be a dream in our minds and a tragic reality in our wallets for us long term “shareholders”. By the way, patience has NOT been a virtue with respect to this company! What this company does best, is to present at yet, another, conference. I would not blame “the market” or the bleak economy on Microvision’s very poor performance. It is time to produce something real and “delight” us for a change.
Amen. I am honestly talking to my investment partner tonight about pulling out unless I get a call back and or something breaks.
Microvision has the product but not the skills to get the word out. Their arrogance has cost the shareholders!!
They thought they had the world and 3M played them!! Now MVIS needs to catch up. Perception is reality. The fund dropped out and now MVIS is beating cheeks to get someone else. Who is delighted now. Surely not those who were on the call last quarter or who bought the warrants.
It seems that Texas Instruments (the 800 lb gorilla in the digital light processor market) is now showing a technology that will compete with MVIS. TI will crush them.
I have been here with mvis stock awhile. Likely longer than most. This is a buy and forget stock not a shorter. There is lots of international expertise in the company, not like other companies. If the shorts were banned this thing could only go up. I see this as a sleeper jumper stock. My opinion. Staying Long.
I have been following MVIS since it was in the $50 range, I think it is finally coming together. There are flexible keyboards and screens and wireless and flash drives now and They will be mated to the Pico unit for a personal computer installed into your clothing. A true portable computer. I will buy one.
Let’s not forget that TI and 3M require optics and throw away a lot of photons. MVIS has a real advantage in ease of use (always in focus), picture quality, size (no optics, no mirror array) and power consumption.
I was at CES and wanted to see their product. They wouldn’t let me. They told me it was by appointment only, and that they were all booked. I offered to meet them elsewhere, and they never followed up.
HP had a similar product (though using a different method) that they were actually showing on the CES show floor.
I dont know what the options policy for the management of this company is? any idea?. With their secrecy they stand to gain by creating a volatile stock and low priced options. with shareholders paying the difference to buy at market and fund the employee options schemes once the product is out and the price is significantly higher…
Microvision has been hampered by its history: Promising technology, but not well managed. The other element that had held them up is the production of a green laser. It has just recently been accomplished, and just in time too. 3G and beyond phone technology is ripe for their IP. Now Microvision is firing on all cylinders.
I can see how those who look at its past are disappointed,but those paying attention will be richly rewarded. I am long and getting longer.
Cheers
I did not make myself clear. The mangement has been changed, and a new focus has ensued..that’s why now firing on all cylinders…my apologies.

Tech Trader Daily is a blog on technology investing written from Palo Alto, California by long-time Barron's West Coast Editor Eric J. Savitz. The blog provides news, analysis and original reporting on events important to investors in software, hardware, the Internet, telecommunications and related fields.