Tuesday, December 05, 2006

 

Position Updates: MVIS

I know many of you believe buying MVIS is equal to throwing money into the East river. I, on the other hand, want to believe that MVIS will eventually be a huge winner for me. I can't say it will, with any level of sincere certainty. But, considering their technology kicks ass, I think I have a good chance of entertaining myself-- while making some coin.

Anyway, I think the stock may have bottomed out here, at $2.40, and may proceed a slow melt up-- until news hits.

Again, MVIS has repeatedly said their projector phone will be ready and on display during this years tech expo in Vegas.

I could be wrong, but I suspect investors are going to want to own the stock, prior to any big announcement.

Comments:
What are the chances mvis gets swallowed up by a handset vendor or even QCOM. this
technology goes great with qualcoms MediaFlo platform which is currently being rolled out.
 
I don't think so. But, anything is possible.
 
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