Today is 19th of February and there is no word from Microvision about the March 2010 launch of SHOWwx in the US.
Will this be another missed time line from Microvision?
Perhaps not... but the launch, if it does happen in March, may be nothing more than a token launch at best.
Unless my information is completely out of touch with reality, it seems that the problem may still be the green laser supply from Corning and Osram. I know that quantities are still limited, but don’t you think the management should atleast have the web site, for on-line sales of SHOWwx, up and running by now. At the very least, thousands of VIPs should have heard from Microvision by this time... that is, if the March launch is still on.
It will be interesting to see how Microvision management handles another “token launch” this time around. It has been a very frustrating two and half years now... waiting on green lasers on one hand and some transparency from the management on the other. The patience is running thin... and the well of goodwill and respect for this management is running dry.
Respect takes a long time to build and it's easily destroyed... especially after two and half years of patiently waiting for some straight answers.
When it comes to calculating asset value of a company there are three elements to consider...
Yes, reputation of a company plays an important role among the Investor community as they pay up for respect, in part because respected companies tend to hold their value longer.
"Respected companies aren't going to fall as far in the bad times, and they come back better," says David Hartzell of Cornell Capital Management.
Defining respect isn't easy. "It's a difficult concept”.
However, there are surveys that clearly show...
“Respected companies have strong management, good governance, valuable products and services, and strong stock returns. They treat their shareholders, customers and employees well. They act ethically. And while some money managers name respect as the first cut in their investment process, others say respect is more often the result of a sound investment process.”
John Roberts, a portfolio manager with Denver Investments, contends that respect answers the question "Is management going to be a good steward of our clients' money?
Over the last two years, Microvision management has done very little to earn the respect from retail and institutional investors... as evident by roller-coaster ride experienced with Microvision stock over this two year period.
Here’s the link to the stock chart...
It is sad but what can I say; other than...
“Microvision: You have to Earn Investor Respect”
[Suggested read, reference article on: “The World's Most Respected Companies” at SmartMoney.com]...