tag:blogger.com,1999:blog-356883599458070666.post5408908909890447450..comments2023-07-13T09:44:55.197-04:00Comments on Your Health & Wealth: MicroVision: Schedules Conference Call to Discuss 2011 Strategy and Preliminary 2010 ResultsAnant Goelhttp://www.blogger.com/profile/15268982492065585903noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-356883599458070666.post-63370075889343409302011-02-17T01:54:31.106-05:002011-02-17T01:54:31.106-05:00Microvision story is over. Time to move on.Microvision story is over. Time to move on.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-356883599458070666.post-48001897320183776052011-02-13T13:14:32.472-05:002011-02-13T13:14:32.472-05:00That's right... it is not a 4th Qtr earnings c...That's right... it is not a 4th Qtr earnings conference call per se.<br /><br />If you read the Press Release, it says...<br /><br />"... will host a conference call to discuss its 2011 business strategy and preliminary financial and operating results for the fourth quarter and full year of 2010 on Tuesday, February 15, 2011 at 8:30 a.m. ET / 5:30 a.m. PT."<br /><br />Note the words in the headline to the Press Release...<br /><br />"... preliminary 2010 results.”<br /><br />What you think that means?...<br /><br />Well, the focus of CC on Feb 15th will be, in my opinion, on 2011 strategy... rather than the 4th Qtr earnings or lack of it.<br /><br />If you stretch the envelop, or try to read between the lines, what Microvision is saying is this...<br /><br />“We have some important, and possibly good news ̶ if you believe in glass being half full, and we don't really want to get side tracked, or get bogged down by all the negative 4th Qtr earnings and financial issues... now, here, and today.”<br /><br />“Here are the preliminary earnings and financial numbers, and the final 4th Qtr earning report will be forthcoming in the first week of March... as it has for the last so many years.”<br /><br />“Today, we are here to share the news, and a makeover strategy to celebrate the beginning of a new chapter in the history of Microvision.”Anant Goelhttps://www.blogger.com/profile/15268982492065585903noreply@blogger.comtag:blogger.com,1999:blog-356883599458070666.post-37063522763365187682011-02-13T11:22:59.814-05:002011-02-13T11:22:59.814-05:00Large SG&A reductions were made in the 4th Qtr...Large SG&A reductions were made in the 4th Qtr; and as such they would show-up in the 4th Qtr earnings report. However, additional SG&A cuts were made in January after the CES... and those cuts won't show until 1st Qtr 2011 earnings report.<br /><br />It will be interesting to see how AT would cover the massive SG&A reductions at the Feb 15th conference call.<br /><br />If the number of hits to this blog are any indication... there will be lots of people tuned-in for the 4th Qtr earnings conference call that has focus, in my opinion, on the "2011 strategy".Anant Goelhttps://www.blogger.com/profile/15268982492065585903noreply@blogger.com