Friday, April 06, 2007
I love the smell of burning MVIS shorts in the morning
Through out this weekend I will do my best to explain to you, inhabitants of the shallow end of the gene pool, dwellers in Darwin's waiting room, why The Fly is so dead on with MVIS. I am sure most of you are half way though a bottle of Ripple by now struggling with the the concept of a long weekend with your nagging wives and you Veruka Salt like children. I suggest you put mini bottles in the Easter eggs so your little brats will pass out early on Sunday
Anyway, I will attempt to give you the history of, current situation and where MVIS is headed. In the mean time, take a look at what I was saying in my office for the past three days.
Anyway, I will attempt to give you the history of, current situation and where MVIS is headed. In the mean time, take a look at what I was saying in my office for the past three days.
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Your off to a good start! Your writing skills left me wanting more. Maybe you will survive the elections!
Takin a break here on the evening workout before I untie my Gordians Knot on to which local trail to go riding in the morning. I feel you believe that the shallow end is lacking in sufficient chlorine, as is proven on a daily basis here in club fly-o-rama. I do not provide much intellectual badanage nor insight but love gettin a dig in and this place is my favorite dirty camping local. The video was enough to get me to buy, the subsequent knowledge of management doubled the ante, so the more info the better, ya got my attencione, sabe. Let's see it... historicaly you have more or less the life span of a beached grey wale...more or less 5 days.
Off topic here:
No politics. But, those British sailors are all pussies.
I'd rather have my fucking head sawed off with a dirty pocket knife, then go home with those fucking Iranian suits and goodies.
Plus, what was up with all those surrender monkey video's, kicking their country in the nuts and all?
Asshat Awards forthcoming.
Back to reading the news.
No politics. But, those British sailors are all pussies.
I'd rather have my fucking head sawed off with a dirty pocket knife, then go home with those fucking Iranian suits and goodies.
Plus, what was up with all those surrender monkey video's, kicking their country in the nuts and all?
Asshat Awards forthcoming.
Back to reading the news.
Hey “b-taco”, are you really The Fly himself? Otherwise I'm inpressed that you're the first graduate of that new Fly Fucked-Up-Like-That School of Journalism.
FUCK YOU SHORTS YOUR DEAD!!!! Jobs number kicked ass and you fucks are getting flame broiled in futures this morning. SO FUCK YOU AND HAPPY EASTER SHORTS!
# posted by 
: 8:35 AM
: 8:35 AM
Microvision
22 March 2007
Would you pay an extra hundred dollars for a cell phone with an embedded projector? Alexander Tokman is betting that about 3%–5% percent of those who purchase “feature rich” phones will jump at the chance, meaning unit sales of mobile phones containing his PicoP microprojector could reach 24m–40m annually based on last year’s figures. The feisty CEO of Microvision also hopes to see PicoP in other handset devices such MP3 and DVD players and to sell it as a standalone accessory the size of an iPod. Imagine carrying in your pocket a projector that can expand your cell phone’s 2” screen into a 30” or 100” screen of bright, crisp images (even when projected onto distorted surfaces) to watch mobile television and video or to browse the internet.
Tokman imagines millions of consumers doing just that before the end of next year. But first he has to overcome the manufacturing hurdles still blocking his tiny display engine. (We described these in detail in the January GTR along with Microvision’s world-beating display technology.) Tokman exudes Lombardi-like confidence that he’s about to execute a game-winning touchdown. His offense includes the likes of Corning, Novalux, and Osram working feverishly on green lasers specifically for PicoP, two major high-volume manufacturing partners gearing up for the big ramp, and 75 in-house engineers (over half of his total staff).
During the consumer electronics show in January, Tokman met privately with 31 manufacturers and expects to reach developments agreements with several this year. These same manufacturers tell Tokman that he has virtually no competition based on size, cost, power, and image brightness and contrast. As the PicoP ascends rapidly into handsets throughout 2009, Tokman expects his technology to begin appearing in luxury cars as reprogrammable, instrument-cluster displays with the added benefit for manufacturers of automobile modules that he eliminates the expensive manual process required to install the inferior display systems offered by his competitors.
Over the past year Tokman cut Microvision’s headcount by almost a quarter while increasing its engineering force by a third. Thanks to this aggressive streamlining and refocusing on the most promising consumer applications, he has enough cash to keep his company running for about 10 months. But that’s still over half a year before Tokman expects to begin reaping his first serious revenue, and thus he will be forced back to the capital markets this year.
However, even if he offers his entire $35m shelf (at the recent stock price of $3.36 that would dilute shares outstanding by 24% to 54m), Microvision’s resulting market cap of $181m is still dirt cheap if Tokman wins his Super Bowl of tens of millions of unit sales.
-Charlie Burger, GTR
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22 March 2007
Would you pay an extra hundred dollars for a cell phone with an embedded projector? Alexander Tokman is betting that about 3%–5% percent of those who purchase “feature rich” phones will jump at the chance, meaning unit sales of mobile phones containing his PicoP microprojector could reach 24m–40m annually based on last year’s figures. The feisty CEO of Microvision also hopes to see PicoP in other handset devices such MP3 and DVD players and to sell it as a standalone accessory the size of an iPod. Imagine carrying in your pocket a projector that can expand your cell phone’s 2” screen into a 30” or 100” screen of bright, crisp images (even when projected onto distorted surfaces) to watch mobile television and video or to browse the internet.
Tokman imagines millions of consumers doing just that before the end of next year. But first he has to overcome the manufacturing hurdles still blocking his tiny display engine. (We described these in detail in the January GTR along with Microvision’s world-beating display technology.) Tokman exudes Lombardi-like confidence that he’s about to execute a game-winning touchdown. His offense includes the likes of Corning, Novalux, and Osram working feverishly on green lasers specifically for PicoP, two major high-volume manufacturing partners gearing up for the big ramp, and 75 in-house engineers (over half of his total staff).
During the consumer electronics show in January, Tokman met privately with 31 manufacturers and expects to reach developments agreements with several this year. These same manufacturers tell Tokman that he has virtually no competition based on size, cost, power, and image brightness and contrast. As the PicoP ascends rapidly into handsets throughout 2009, Tokman expects his technology to begin appearing in luxury cars as reprogrammable, instrument-cluster displays with the added benefit for manufacturers of automobile modules that he eliminates the expensive manual process required to install the inferior display systems offered by his competitors.
Over the past year Tokman cut Microvision’s headcount by almost a quarter while increasing its engineering force by a third. Thanks to this aggressive streamlining and refocusing on the most promising consumer applications, he has enough cash to keep his company running for about 10 months. But that’s still over half a year before Tokman expects to begin reaping his first serious revenue, and thus he will be forced back to the capital markets this year.
However, even if he offers his entire $35m shelf (at the recent stock price of $3.36 that would dilute shares outstanding by 24% to 54m), Microvision’s resulting market cap of $181m is still dirt cheap if Tokman wins his Super Bowl of tens of millions of unit sales.
-Charlie Burger, GTR
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