I am very busy but caught the article in USA Today on Samsung and Oculus 360 degree virtual reality offering. Shocked to see no comment on it on the board today. Very flattering article. The race is now fully underway. The big dogs will be barking soon.
I say $115 (or about $5B market cap). I don't think there will be a 2016 for MVIS. There will be a buy-out in 2015 and I'll have to find a new stock to be my hobby.
I am starting to think there will be another dilution because things are moving more slowly than I had thought. (Duh!-I am a slow learner) Of course MVIS' new BFFs may think they can slow roll introductions, squeeze MVIS, make them feel vunerable and ultimately get a better buy-out price. But it is hard to squeeze someone who has lived on the edge for as long as they can remember. The tech will have a perceived value and that will determine the buy-out price. In a world where Whatsapp is worth $20B, $5B is not crazy.
Now fire away!
Battery is the constraining factor really. Evidently the electronics and DGL are solved or will be very soon. At the price point they already have acheived I'm still shocked we haven't seen a configuration designed to plug in, be stationary and encroach on TV. It must be in the wings. Sony wants to control critical components in this technology shift. They had in the Trinitron days and lost it with flat panel. Samsung wants their share too. Little old MVIS is caught the middle with the giants.
The incapability inconvenience will get sorted out and will cease to be an issue quickly. No doubt this is going to be a cheap small toy soon. I can see it being a must-have rage for a while and then it being embedded and mainstream. Easy to see in 12-18 months. But Sony and others have much bigger ideas: gaming, maybe medical, cameras. I'd bet they have wilder, bigger thoughts than me, so there will be some way cool applications and devices.
Logic tells you something truly committal with licensing has to happen this week. Maybe not.
Why would the street availability of pico projectors be less exciting than crocs?
Sony, Samsung and others will introduce something. Could be surprises good and bad in that unveiling.
2015 is the year we really realize the potential. $110 or bust.
$215 sounds fair.
It is about cost, price, functionality, global markets, customer preference, price elasticity and much much more. It will replace billions of TV watching hours. Younger people may never own a TV. Many kids never owned a record player or stationary tape deck.
Yeah. I like it. Don't need in be in a big rush to share knowledge with others. Unless you are planning to sell this week or this month. I'm hoping to enjoy a nice, sustained ride for a while.
It has become a hobby. But has only held my attention because its just so dam interesting. A great message board (despite all its maddogs and flaws). I've never seen one with so much long term intense interest with all kinds of truly commited characters. You've been one of those intersting characters.
Celluon is an appetizer. Sony intends to control a critical piece of the component business. A re-run of the trinitron. MVIS has survived and been able to sell shares because the prospects for the technology are enticing. A lot whole more interesting than stylish headphones.
Not necessarily a whole lot of revenue. It will be a matter of big players being willing to pay royalties. In effect it becomes sensible to acknowledge the intellectual property and pay royalties. If the product adoption and likely royalty stream becomes evident the value of the annuity becomes subject to a range of easily calculated values. The gorilla game is in a new phase. Paypal, Whatsapp, biotechs and many others prove the point. Investors are forced to buy on speculation to chase yield. Think of MVIS as an oil trust once it has proven reserves.
Not yet. But on a serious cost curve towards getting there. Smallness, battery and durability a large part of current cost. Not necessary for inexpensive projection TV. I'm still amazed.
Oh absolutely he was stringing everyone. But as far I can tell our equity is completely unencumbered or leveraged with debt. His insinuations bought the company time. But the company couldn't buy time without dilution. Be glad it appears all the proprietary property rights are free and clear. Hey it all cost me money but I remain hopeful for a pretty remarkable happy ending after all.
And this year would work well for me.
Corning was the hole.
Corning had shared the importance of DLG work and its applications. Their DGL project was hot, then cold. Corning was wrong, MVIS suffered more and more as the timing of DGL availability and product emergence drained cash. The technology challenge was a tough one. It has taken years longer than hoped to truly solve.
The recapitalization certainly sucked. The feat of staying afloat and orchestrating the continuance of an entity with patents still listed on NASDAQ was ok. There is still some stockholder value.
Since the schedule set-back they seem to have maintained the lead in the laser projection field. Prime time is not far away. Or it nevers happens.
But we will see the tech in the public soon and for the foreseeable future. I think it is likely to be a big hit. It would be nice to see it make some real money after years of waiting. My simple models have always supported the royalty oriented company and I still think that would be the best outcome. In this insane world of dollars, an offer for MVIS $5-10B isn't crazy and MVIS will need bulk for constant patent projection and enforcement of rights Litigation forever could begin real soon, with its expense, risk and distraction.
I know, I know the market says its worth $2.
$215 in 2015 equals around $8B. Not crazy. I've needed to be a little crazy to maintain an interest in this crazy slow motion saga for over a decade. Here's to dreaming!
Although I know better, it is easy to forget the bi-directional capabilities of MVIS tech. One of the biggest mysteries to me has been the gaming gun they demo'd with Intel, that then seemed to have been dropped altogether. The conventional wisdom that the mobile projector is the killer app may not be true....
I'm truly proud of this crowd. I thought for sure there would some insensitive sexist comments.