That’s the rumor up and down the supply chain.
Currently, so it seems, the emphasis is on shipping everything to full fill back orders from the existing customers… such as Mint Wireless, Uniden and Vodafone.
SHOWwx shipments in 2009 were very small and the quantities shipped blatantly fly foul in the face of publicly stated [or projected] quantities that we were made to believe. I don’t know how AT plans on covering his tracks to justify grossly misstated projections for quantities… but then again, he doesn’t have to because projections are just that─ projections.
I wish Microvision management comes clean with whatever it is; or was; or was said or done… just get-on with business at hand and move forward from this day onwards.
Anant Goel
http://www.wealthbyoptions.com/
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as long as DEMAND exceeds SUPPLY, i don't think that microvision should embark on any large marketing campaign.
ReplyDeletethey should take advantage of this period when DEMAND exceeds SUPPLY and conserve (SHAREHOLDER) money.
a huge marketing campaign while supplies can't meet demand will drive consumers to their competition - even though the competition is inferior, any money spent on a competitor's product is money that won't be spent on a showwx.
Twitter News Release...
ReplyDelete@OMStock Yes, we are still on track for a March launch.
Released about 2 hours ago via Seesmic in reply to OMStock.
Oppenheimer has an update to their report on Microvision…
ReplyDeleteFebruary 8, 2010
TECHNOLOGY/APPLIED TECHNOLOGY
Microvision, Inc.
Green Lasers Ramping Up
SUMMARY
Last Friday brought a bit of good news about the availability of green lasers, the key gating factor for the production ramp of Microvision's pico projector. The news was delivered during an Investor Day event held by Corning (GLW, $18.05, O), currently the world's only supplier of green lasers. Corning had missed a number of ramp-up targets over the course of 2009, but now appears on track and is currently producing 1K green lasers per week and still growing. As such, green laser availability should not pose a roadblock for our current MVIS volume estimates, which target 8K unit in 1Q10 and 83K units for FY10.
KEY POINTS
• Corning also noted that it is currently working on a second generation green laser which will double its output to 20 lumens from 10 lumens. Corning does not see the quantum dot laser technology as a competitive threat, as its
efficiency and brightness remain low.
• Bottom line: while we believe the value proposition of the ShowWX and the PicoP embedded module still need to prove themselves in the market, it appears component availability is set to become less of a gating factor near term.
EQUITY RESEARCH
COMPANY UPDATE
Oppenheimer & Company
[Note: I do not have a link to this Oppenheimer Report update. If you do, please share it with us.]
What do you think about this post on the Yahoo Message Board post. It was posted on Februay 25th at 12:46pm.
ReplyDeleteDear xxxx,
Thank you for your interest in Microvision, Inc. We still plan to make our SHOWWX available to U.S. customers next month. Initially the product will be available through our webstore and additional distribution channels may follow as volumes increase.
Best regards,
Tiffany Bradford
IR Specialist
"I don’t know how AT plans on covering his tracks to justify grossly misstated projections for quantities.."
ReplyDeleteMisstated? I dont think you'll find he ever stated or projected any number. Though certainly everyone thought, including Tokman, the numbers shipped would be higher, he never gave a specific number that I remember seeing.
And the reason they were lower is painfully obvious to everyone. I wouldnt expect him to publicly scold Corning, so I wouldnt expect he'll even mention it. It's all about what is happening now and going forward.