Showing posts with label Smartphone. Show all posts
Showing posts with label Smartphone. Show all posts

Thursday, June 27, 2013

The Future of Mobile Apps – How it Will Affect Our Lives (updated)


Smart devices have become the new standard for personal communication, networking, and
productivity… and corporate efficiency and collaboration.

Everywhere we look, smart technology has become the must have for everything from communication, networking, personal productivity, personal comfort, even mission critical tasks… and app developers can only move forward in creating a world that is more mobile, hands free, dynamically integrated and cross-functional.

With children playing on their tablets for fun, and business executives on their smartphones looking for apps to configure and standardize the workplace, the future trend over the next few years is going to not only push the limits of how we interact with mobile technology, but how mobile technology can interact with us.

Major companies like Microsoft─ with Microsoft Surface and mobile functionality in Windows 8, and Google─ with its Google Glass technology, are showing a renewed focus on design for mobile devices that not only affect tablets and smartphones you’re using today.  They’re also talking about the smartwatches, visors, pico projectors, and God knows what else we’ll be using next year and the year after that.

Mobile was an add-on. Today, mobile is just as, if not more, important than the traditional desktop PC… and who knows what’s around the corner with wearable computing?

It would be crazy not to be looking at all these new devices and new ideas, from things hitting the market now like…
  • Google Glass,
  • MicroVisions Laser PicoP Display Engine in every single mobile device,
  • or things that are just rumors like Apple’s watch.
Our growing reliance on the Cloud and big data streaming has only accentuated what mobile technology can do. Apps are better looking, more versatile and make connecting with people easier and essential. Looking ahead further into 2014, a few mobile trends are beginning to become extremely visible.

The Cloud:

SD cards and internal storage are still essential for personal computing technology, but what about cross-platform mobile accessibility? I remember the days when carrying a floppy disk or USB stick was the only ways to keep my data on me at all times.  As I got older, I started emailing things to myself. But now with apps like DropBox or my Google Drive, sharing and archiving my data from any smart device is as easy as uploading a file.

Now, this same model is being applied to basically every app, from content streaming applications to niche utility apps… and being able to save your data somewhere other than your device for sharing and retrieval is paramount. Apps that used to offer options for social media sharing are starting to adopt DropBox availability and drive accessibility as a basic feature for more efficient apps.
Access to online storage is not only making data easier to get to regardless of device, but encouraging more personal connections through networking.

Mobile Sharing:

Playing on-line games with friends from far away lands to sharing your content with others via your mobile device is becoming the standard for workplace and social networking. Just look at any website as evidence for this model of mobile trending. You cannot find an article online, for example, that does not have an option for sharing a link or assorted media on basically any social networking site imaginable. Mobile sharing goes beyond social engagement… it can, if done right, spread your message like wild fire.

As mobile technology and its ubiquitous use continue to multiply, configuring apps to keep everyone connected, regardless of mobile platform, is the most important step to keeping our personal smart technology as efficient as it can be.

Cross-platform Apps Configuration:

This trend is more applicable to the corporate setting; where apps not only need to be focused and efficient in bringing out the best from the workforce… but also allow standardization across the entire user base for fluid communication from the bottom up. Apps that are developed for corporate use must be designed and be natively intuitive for multiple types of devices and be able to efficiently communicate throughout a large collection of personal smart devices, to ensure that the mobile network is not only transparent but also works as it should.

The workplace demands streamlined communication, specifically the accessibility to embedded analytic for corporate, departmental or local office operations. On the spot reports may be a luxury right now, but when everyone is standardized on an app, reports can be as easy as inputting data and watching it trend throughout the office. Executives looking for the quickest way to provide accurate analysis are turning to apps developed specifically to create trends for essential data. Whether employees are using personal mobile smart devices or their personal work computers, apps that mimic the office environment online are a company’s best bet for efficient data management and communication.

Also, cloud-based employee management apps that consolidate employee information, interaction, business expenses, and production into an easy to access database are continuing to pick up speed.

High Definition Laser Pico Projector Display Engine in Mobile Devices  

The combination of a mobile device and a built-in HD laser pico projector offers ultimate in mobility… functionality… video sharing… and the cool factor ownership of an interactive and 3D projector display.

MicroVision unveiled their latest HD Laser pico projector with focus-free touch Interactive and 3D display. This second generation laser PicoP display engine has higher screen resolutions than the original. MicroVision describes the PicoP Gen 2 engine and PicoMagic display applications as ideal for various consumer and commercial mobile applications such as entertainment, advanced gaming, business projection, and education.” 

Focus-free touch interactive displays will allow users to instantly interact with a projected image on any surface, as well as, create Multi-user applications such as virtual whiteboards. For business users, touch interactive technology will provide the convenience to conduct business presentations with only the touch of their fingertips on a large display surface. Avid mobile gamers would also benefit from touch interactive technology by interacting with projected images with high response levels, making mobile gaming more realistic.

This technology is sure to engage the creative imagination of thousands of app developers, and we can hope to see many thousand of apps that will be useful in business, entertainment, and educational field. 

Self-care Healthcare for Global Markets:

Present day medical technologies are far advanced over those available to our ancestors─ and as a result we suffer far less than they did. Yet modern medicine can achieve little in comparison to what scientists know is possible for the future. Despite amazing advances in understanding and treating conditions [such as cancer, heart disease, dementia, diabetes, and many others], it is still the case that, for basically healthy people, no presently available therapy or tool can produce even a fraction of the long-term benefits to health and life expectancy provided by awareness, prevention, nutrition, regular exercise, a calorie restricted diet, natural therapy, and natural supplements.

Self healthcare behavior is the new paradigm; and an up close and personal choice that is as unique [in scope and strategy] as you and I and billions other on this planet decide to choose.  Developing a suite of comprehensive self healthcare mobile apps with such diversity is a complex proposition… unless you follow the old mantra of “one-size-fits-all” recommendations based on books, articles, and blogs that talk generalities and quote statistics.

Self-care behavior, a key concept in healthcare, refers to decisions and actions that an individual can take to cope with a health problem or to improve his or her health. Examples of self healthcare behaviors include seeking information (e.g., reading books, searching the Internet, attending classes, joining a self-help group); exercising; seeing a doctor on a regular basis; getting more rest; lifestyle changes; following low fat diets; monitoring vital signs; and seeking advice through lay and alternative care networks, evaluating this information, and making decisions to act or even to do nothing.

Self-care is generally viewed as a complement to professional health care for persons with chronic health conditions. Self-care behavior is, however, broader than just following a doctor’s advice. It also encompasses an individual’s learning from things that have worked in the past.

Presumed benefits of self-care include lower costs for the health care system; more effective working relationships between patients and physicians and other health care providers; increased patient satisfaction; and improved perceptions of one’s health condition. Self-help behaviors have been shown to lessen pain and depression and to improve quality of life. Generally, health care practitioners encourage and support patients to practice self-care behaviors because patients then actively participate in their own care. However, many practitioners experience difficulty in offering advice on self-care behaviors because they are not aware of specific techniques, strategies, and supports their patients can use.

Self-care is seen as empowering and with acquisition of self-care skills, people are able to participate more actively in fostering their own health and in shaping conditions that influence their health.
There are several apps under development that focus on mind and body fitness and will allow the subscriber to establish his/her own personal scope and strategy for self healthcare… and serve as the guiding light for their personal journey to health, wellness, and longevity.

We believe there is a massive awareness and movement underway where individuals want to take charge and get-on with a personal journey to enhance their health and wellness… and prevent onset of chronic diseases. Self-care healthcare apps will help them understand, facilitate and support this journey.

Cognitions Bridge, for example, is a suite of apps for education, entertainment, brain fitness, cognitive development, and prevention of age related cognitive decline and dementia.

These apps are examples of where apps are going. Some are paid and others are free, but are evidence that the mobile apps are no longer meant to just improve the day-to-day tasks of using a smart device.

Future mobile apps will be more interactive, offer more cloud-based models, work across smart devices, and keep people engaged… to entertain, educate, network, and bring about a paradigm shift in self-care healthcare.

According to IDC report published in 2011, app downloads are projected to grow from 10.7 billion (in 2010) to more than 182 billion (in 2015).  Reports also show that mobile advertising spending is increasing 20-30% annually in the developed markets. We are finally at the stage where mobile is seriously considered as one of the channels for marketing.

Anant Goel

Producer CEO – RKNet Studios

Wednesday, June 26, 2013

MicroVision: Future Lies in Changing It


Everything with a ‘C’ is changing: “Corporations, climate, community, currency, communications, and competition.”

The future doesn’t lie in predicting it. It lies in shaping and changing it. Trends and forecasting are essentially irrelevant.  The future is what we make it, not what someone says it is.

Having said that, what’s in MicroVision’s future?

“PicoP Display Engine in Mobile Devices that Offer Ultimate in Mobility… Functionality… Cool Factor” 

It would be cool if MicroVision's laser PicoP Display Engine (PDE) was inside this cube…
 
http://www.psfk.com/2009/05/60-inch-screen-in-your-pocket.html

In 2009, there was so much speculation in the media [by designer YankoDesign] that it almost felt like the real thing would be on the market soon. Just look at the write-up on this “Nokia Pulse Projector”…

“Nokia Pulse Projector is a tiny LED projector that also functions as an NXT speaker with Dolby Sound. This tiny projector uses Bluetooth and Pulse software to communicate with a mobile phone.

It’s meant to pair up with mobile phone, making a pair of perfect multimedia device and the user will be able to use the mobile phone to control this LED projector. The Nokia Pulse Projector relies on DLP Technology for high quality imagery. It’s able to project with native resolution of 1280×768 and 1500:1 contrast ratio pimps out crisp image quality, with picture sizes ranging from 15 inches diagonally all the way up to 60 inches at 7.87 feet. It even sports LED light technology with 1000 lumens of brightness plus 16.7 million colors.

It’ll be another great mini-sized projector that can be carried around anywhere you go for an impromptu presentation of those pictures, videos and slides on your mobile phone, and it lets the mobile phone to be used as the projector’s remote. Nice, but it should be just a concept at the moment."

[Via YankoDesign]
*****

Here’s the link…
http://askalexia.com/2009/05/23/nokia-pulse-projector/

The story gets more interesting when speculation gets to MicroVision’s PDE inside Nokia Pulse…

“The Nokia Pulse, a concept by Miika Mahonen, is similar to the soon to be released MicroVision Mobile Projector. They’re both designed to be powerful mobile display systems that can use a mobile phone as the source of video and as a remote control. The Nokia Pulse also combines an NXT-speaker with Dolby sound processing into the compact device, which can (theoretically) project images up to 60-inches on any wall.”

Continues…
[via YankoDesign]
*****
Here’s the link again…
http://www.psfk.com/2009/05/60-inch-screen-in-your-pocket.html

Four years later, however, the concept remains to be just that… a concept. But wait a minute… over the last few months, a few developments have come together to bring us closer to this, or something similar to this, as a possible reality in the near future.

There are essentially three parts for this concept to work and they all seem to be in place now…

1) MicroVision laser based PicoP Display Engine at 35 lumen: was released in early 2013; for product sampling to 40 or so major electronics companies from around the globe… and that’s the major part of the puzzle, now in place.

So what makes MicroVision’s laser based PDE so important?

It’s the “Disruptive Technology”; that can bring about massive shifts in “technology paradigm” and “social paradigm”.  Here’s what makes MicroVision’s PDE as "Killer app" in simple terms?

a. Always in-focus image that needs no adjustment when on the move or when moving to change the projected image size… due to inherent feature of laser projection.

b. Longer projection periods per battery charge… by switching-off the laser light source during periods of dark picture segments.

c. Cool to the touch and no waste heat generated… due to modulating lasers as light source.

d. Large projected images [up to 100”] in widescreen aspect ratio of 16:9.

e. High Definition 720P images at 35 lumens brightness… with pathways to high definition images at 50 lumen or higher brightness in 2014.

f. Dramatic cost reduction [with huge profit margin improvements] as the laser light technology matures and economies of scale are achieved towards the end of 2013.  For example, synthetic green lasers [SGLs] were priced at around $120 each… whereas the diode green lasers [with higher light energy output and efficiency] are currently priced at $40 in small quantities.

g. Small physical size that starts out small and gets even smaller from one generation to the next. 

h. Social Change from the way we share information now to the way it will be shared in the future.

i. Commercially Viable: REDMOND, Wash.--(BUSINESS WIRE)--Apr. 3, 2013-- MicroVision (NASDAQ: MVIS), a leader in innovative ultra-miniature projection display technology, today announced a development agreement with a prominent electronics company to incorporate MicroVision’s ground breaking PicoP® display technology into a display engine that could enable a variety of new products.


The key words from this news release are: “…to incorporate MicroVision’s ground breaking PicoP® display technology into a display engine that could enable a variety of new products.”

MicroVision’s PicoP Display Engine at 35 laser lumen, using diode based green lasers, will be ready for prime time show in the next few months…  

2) Samsung's new Wireless USB chipset: enables HD streaming with less power.

It's a beautiful combination, really… lower power consumption, and support for high bandwidth applications. That marriage is evident in Samsung's newest Wireless USB chipset, which was built around Ultra Wide Band (UWB) technology and designed to enable high-def streaming between a mobile host device and a tethered device for viewing.

Ultra-Wide Band technology offers many advantages, especially in terms of very high data transmission rates which are well beyond those possible with currently deployed technologies such as 802.11a, b, g, WiMax and the like. As such UWB technology is gaining considerable acceptance and being proposed for use in a number of areas. Already Bluetooth, Wireless USB and others are developing solutions, and in these areas alone its use should be colossal.

According to Samsung, the two-chip solution will be aimed at smartphones, cameras, camcorders, TVs, PCs, tablets, beam projectors, portable HDDs, Blu-ray players and handsets.  And given that it can handle a theoretical high of 480Mbps with an average power consumption of less than 300mW, even the weakest smartphone battery should be able to stream at least a single episode of Family Guy to the TV or a pico projector. It's slated to hit mass production in Q4 and we'd say more details should be available right around CES 2011.

3) Pulse Software: that controls communications between the pico projector and the mobile host device. This Pulse software could be part of the Samsung’s wireless USB chipset solution, or a company specific product like Nokia Pulse [if there is such a thing] or Apple AirPlay, etc. 

“While the Pulse is still just an idea, MicroVision is currently working with other major electronics companies to incorporate their PicoP Display Engine into devices such as smartphones, media players, tablets, laptops, and Automobile HUDs.

Is the screen size on your mobile phone irrelevant, if you can project onto any wall... from 15 inches to 100 inches?

Perhaps!

Just take a look at images at 15 lumen and imagine what it would be like at 35 lumen or even at 50 lumen…
http://www.youtube.com/watch?v=ypZO6_7hcNQ&feature=related

With MicroVision laser PicoP Display Engine inside; this cube could be the ultimate in mobility, functionality and cool factor.

Not only that, it is a productivity enhancing tool for business communications, as well as, a perfect product for personal and interactive entertainment… all in one cool package.

Everything that you need to put this cool product out there for the consumer to buy is here… all it takes, is the vision and the will to succeed before the next product cycle or someone else comes-up with a better mouse trap.

Anant Goel
Producer CEO – RKNet Studios
https://play.google.com/store/apps/details?id=com.rknetstudio.ninja

Friday, June 21, 2013

MicroVision: Wave of Change and Paradigm Shift Growth of 40,000% Plus

After 40 years of being on the cutting edge of technology, now I'm developing intelligence games and apps for brain fitness and cognitive skills development. 

However, my passion is investing in companies that ride the wave of change or bring about the paradigm shift; with an eye on the long term growth prospects of the company.

In the last 30 odd years that I have been investing, I have had my share of good fortune and misfortune. However, what’s important is the fact that I managed to secure my financial future and live today to talk about my strategy of investing in companies that ride the wave of change or bring about a paradigm shift. Some of these companies─ like Intel, Dell, Qualcomm, and Cisco─ have grown to be huge enterprises and have made their early investors over 10,000% or more since their inception.

A while back I wrote a post about my 14,000% profit experience with Intel during its growth phase from early 80’s to the end of Dot.com era in the year 2000. Here’s the link to that post…
http://mirro7.blogspot.com/2009/09/intel-i-made-over-14000-profit-since.html

I’m one of those old timers that invested in Intel during its early days as a company… in the early 80’s. I recall buying some shares for a total cost of $1,000 dollars. I had to liquidate all my position in Intel during the Dot Com bust of 2000… around May of that year. However, it was not all that bad, because I managed to sell pretty close to the all time high and I remember bragging about my good fortune and fortitude to have stayed the course to make over 14,000% profit… for a net gain of over $140,000 dollars including dividends and the stock splits.

The past performers in my portfolio have served well. However, these companies like Intel, Dell, Qualcomm, Cisco, and Microsoft are past their hyper growth phase and are now too big and are just slow earnings growth vehicles. No disrespect to these fine companies… it’s just that they don’t fit the “hyper growth” company model any more.

One of my stocks holding now, besides an options income portfolio, is MicroVision. Over the years, I have seen many ups and downs, but I still believe MicroVision has the makings of the next 40,000% profit producer in the next 3 to 5 years.

Here’s why…

On Wall Street, you often hear terms like “top dog” or “first mover” in the context of a growth stock presentation to institutional clients. It’s quite interesting really…

A "top dog" is a company that dominates its industry... and a "first mover" is a company with a technology or product so revolutionary that it disrupts an existing industry and creates an entirely new one.

On the rare occasion that you find a company that is both─ both a top dog and a first mover ─ the chances are pretty good that you've found your next big winner...

Just think of eBay in the online auction market... Amazon in the online retail market... Netflix in the Video Streaming and DVD-rental market… and Cisco in the router market… 3D Systems in the 3D printing market, etc.

These companies redefined the way business was done, launched entirely new industries, and continue to dominate those industries to this day. And you don't need me to tell you how handsomely they've rewarded shareholders along the way.

In order to find companies that will deliver truly life-changing investment returns, you have to find growth companies early in their life cycle and truly believe that they are indeed the ones to ride the wave of change or bring about the paradigm shift… with potential of sustained long term growth.

Before we talk about MicroVision (NASDAQ: MVIS) as the growth company of the future with a 40,000% profit potential, let’s first consider…

Is now really a good time to be buying growth stocks?

The fact is; it takes guts to make money in this market.

But here's some good news…

For one thing, our current economic conditions bear a striking similarity to the economic downturn of the early 1990s. And "growth” stocks can excel even if the broad market continues to stumble. In fact, the analysts expect better profit prospects for growth stocks than for value stocks.

Money for nothing...
We have to be realistic in our expectations when searching or investing in growth companies. The purpose of looking at the great companies listed above is not to show that growth investing is an all-win situation. Far from it!

The purpose of the illustration is to demonstrate how well great companies perform over a long period. If you can identify just one great company early, and then hold on for the long term, you can do pretty well for yourself.

Growth investing is highly volatile, and it will fray the nerves of those individuals with a low risk tolerance. Having said that, all investors should devote only a portion of their portfolio to growth stocks!!! For those traveling in the fast lane, an allocation of 30% of their portfolios might make sense. More conservative types should allocate at least 10% in order to provide a little juice for their investments. I'm the risk taker type, so I devote about 50% of my portfolio to growth.

MicroVision: Growth Stock with 40,000% Profit Potential

I believe MicroVision has the makings of the next 40,000% profit producer in the next 3 to 5 years. In order to become a very successful, profitable and huge company [in terms of market capitalization] you need the following prerequisites:

Management: with expertise, vision, support network, past record, communicative and persuasive skills and a will to succeed.

In my opinion, we have the best possible management with all the prerequisite attributes necessary for managing MicroVision at this stage of the company’s growth. Here’s a link for your review…

http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-govmanage

Financially Sound: with money to support on-going operations, R&D expenditures, product development and commercialization.

According to the latest annual report for period ending May 2013, MicroVision had $9.2 million in cash and short term cash instruments. Looking at the financials, the company is burning about $3 million per Qtr. At this rate, the company has about 3 Qtr worth of cash… assuming no additional revenue from product sales, or contract payments, or stock options and warrants.

Since we already have a 35 lumen PicoP display module [currently sampling to over 40 major electronics firms globally] and SHOWwx product was launched [years ago] in the US, Europe and the Asia Pacific region… I would venture to say that most R&D expenses have already been incurred [almost $442 million to date]. And net profit from backlog sales could reduce the cash burn by $1million dollars per Qtr. That would stretch the available cash reserves to 4 Qtrs or so. It’s ironic, but the investors of the past have funded this massive R&D undertaking to-date. However, the current investors will reap the benefits and are assured the company has cash to fund the on-going operations, product development and embedded PicoP projector commercialization.

Here’s some links…
http://finance.yahoo.com/q/is?s=MVIS


Disruptive Technology: that can bring about massive shifts in “technology paradigm” and “social paradigm”. Pico Projector Displays bring big screens to small devices. The Pico Projector or “PicoP Display Engine” can be embedded in mobile phones, tablets, laptop or similarly-sized mobile devices to enable up to 100inch full color projection display in HD resolution for applications such as streaming video, digital TV, high resolution pictures and surfing the net.


Competitive Advantage: MicroVision has over 500 U.S. Patents issued and many more pending to protect its intellectual property… giving it a huge competitive edge.


Technologically Feasible:  PicoP Display Engine technology is based on the proven and mature silicon MEMS laser scanning mirror technology. The company launched the world’s first laser based PicoP projector SHOWwx in the US in March of 2010.

http://www.microvision.com/about_microvision/index.html

Commercially Viable: REDMOND, Wash.--(BUSINESS WIRE)--Apr. 3, 2013-- MicroVision (NASDAQ: MVIS), a leader in innovative ultra-miniature projection display technology, today announced a development agreement with a prominent electronics company to incorporate MicroVision’s ground breaking PicoP® display technology into a display engine that could enable a variety of new products.


Market Size: The market for PicoP Display Engine is huge. The potential markets are automobiles, mobile phones, smartphones, laptops, tablets, iPods, iPhone, digital cameras, camcorders, personal mobile TVs, and the fashion eye-wear.

Here are some world-wide statistics...

New autos: sales for 2007 … 49 million units
http://www.metrics2.com/blog/2006/12/28/world_auto_sales_flat_in_2007_china_becomes_no3_re.html

New Mobile Phone Sales: for 2007… 1.15 billion units
http://www.itbusinessedge.com/item/?ci=29702

New Laptop Sales: for 2007 … 207 million units
http://www.pcworld.com/article/id,132861-pg,1/article.html

New “Tablets, iPods, iPhone, Digital Cameras and Camcorders”… over 300 million units

New Eye-wear Sale: for 2008… 1 billion units

Personal Mobile TV/Projectors… new market opens up with potential 200 million units

Technology and Business Partnerships: MicroVision has partnered with Pioneer Corporation of Japan; the biggest [financially], the most respected [for over 100 years] and the best in the business to design and manufacture its PicoP Display Engine for the automotive and consumer electronic markets.

Now what we need is a few more commercial business partners and OEM agreements for the PicoP Display Engine and Wearable Display product line. I am sure it will happen soon in the next six months and when it does happen the MVIS stock will run up the charts as we have never seen before.

MicroVision has the potential of being the “Top Dog” and the “First Mover” in the global PicoP projection market…

When investing in technology, always look for the “killer app”—yes, the software program, piece of hardware, product improvement or whatever—that makes the product stand out.

Take Internet browsers for example. Now, for a while there it took everyone some time to figure out what exactly an Internet browser was. Today, many of us can’t imagine what life was like before we had Google. These days, if you need information on any topic under the sun, you simply “Google” it! What would we ever do without Google?

When looking to buy the latest tech stock, investors [you] need to scrutinize the product and the unique ability it offers to its users. Google is a great example of a “killer app” that revolutionized the Internet.

So What’s MicroVision “Killer App”?

It’s the “Disruptive Technology”; that can bring about massive shifts in “technology paradigm” and “social paradigm”.  What makes MicroVision’s PicoP Display Engine technology as "Killer app" in simple terms?

1. Always in-focus image that needs no adjustment when on the move or when moving to change the projected image size… due to inherent feature of laser projection.

2. Longer projection periods per battery charge… by switching-off the laser light source during periods of dark picture segments.

3. Cool to the touch and no waste heat generated… due to modulating lasers as light source.

4. Large projected images [up to 100”] in widescreen aspect ratio of 16:9.

5. High Definition 720P images at 35 lumen brightness… with pathways to high definition images at 50 lumen or more brightness in 2014.

6. Dramatic cost reduction [with huge profit margin improvements] as the laser light technology matures and economies of scale are achieved towards the end of 2013.  For example, synthetic green lasers [SGLs] were priced at around $120 each… whereas the diode green lasers [with higher light energy output and efficiency] are currently priced at $40 in small quantities.

7. Small physical size that starts out small and gets even smaller from one generation to the next. 

8. Social Change from the way we share information now to the way it will be shared in the future.

The PicoP Display Engine can be embedded in hundreds of different products representing a huge market share for entire product line-up. It has the potential of adding billions of new dollars to MicroVvision—expanding what I like to call the “halo effect” from the PicoP Display Engine to the rest of MicroVision product line of applications that are currently under development.

Yes, investing in technology can get complicated. Many advisers compare the stock price to the company’s earnings and cash flow, and then look at earnings growth trends and the company’s debt levels in comparison to its competitors. This is some in-depth analysis for the average investor!

Well, MicroVision has very little earnings and cash flow from current sales; so you have nothing to analyze. Consider yourself in good company: Billionaire Warren Buffet doesn’t invest in technology because he doesn’t understand the fundamentals of the business. That is why he has missed out on billions of dollars in potential profits from the likes of e-bay, Google and Apple. So, if you’re waiting for revenue and current cash flow from your MicroVision investment, there is none for all analytical purposes.

But that will change in the next 3 Qtrs: when the earnings report will show increasing sales of technology development contracts from 40 or so Consumer Electronics giants from US, Europe and Asia Pacific region.

When it comes to emerging technology from companies with small capitalization, don’t do what Warren Buffet does. Do your own DD and then take a small position in MicroVision for its emerging technology and huge profit potential in the next 3 to 5 years.

Is MicroVision ready for prime time and worthy of your investment dollars, consider this…

Five years from now in 2017, the stock could easily trade in the $1,200 to $1,500 range.

Here’s an educated projection…

• Worldwide Market Size: 2 billion units [mobile phones, laptops, smartphones, tablets, iPod, iPhone, iPad, camcorders, digital cameras, gaming devices, mobile TV/Projectors, and automobile HUD, etc.]

• Market Adoption Rate: 10% in 2017... 200 million units

• MicroVision Market share: very conservative 20% of 200 million units… 40 million units

• OEM price: $70 per PicoP Display Engine

• Revenue: $2.8 billion

• Net Profit Margin: 40%

• Net Profit: $1.12 billion

• EBITDA: Earnings Before Interest, Tax, Depreciation and Amortization: $1 billion [with operating expenses at $120 million]

• Interest Expense: $0 million

• Interest Income: $0 million

• Tax: $200million

• Depreciation: non cash and very small

• Amortization: non cash and very small

• Net Operating Income: $800 million

• Earning Per Share: $20 on a fully diluted basis [40 million shares]

• Price Earning Ratio: 60 for a hyper growth company

• Price Per Share: $1,200 per share

Percent Gain based on current price of $3… over 40,000%

In my book, the “Risk” is insignificant [may be 2% per year interest in treasury bills as the lost opportunity] as compared to the potential of making over 400 times on your risk capital in the next 3 to 5 years.

Do your own diligence and don’t just think outside the box… see outside the box.

Anant Goel
Producer CEO - RKNet Studios
Mobile Apps for Fun and Cognitive Skills Development

Wednesday, December 8, 2010

Microvision: White Knight in Shining Armor (part 2)

Here's the news from this morning...

December 08, 2010
06:00 AM Eastern Time 

MicroVision and Pioneer to Jointly Commercialize Innovative Laser Display Products

REDMOND, Wash.--(BUSINESS WIRE)--MicroVision, Inc. (NASDAQ: MVIS), a leader in innovative ultra-miniature laser display technology, announced today that it has entered into a memorandum of understanding (MOU) with Pioneer Corporation, one of the top original equipment manufacturers (OEMs) of high-performance audio, video and computer equipment for the home, car and business markets, to develop, manufacture and distribute display engines and display engine subsystems for consumer and in-vehicle head-up displays (HUDs) using the MicroVision PicoP® laser display technology.
“We believe that by combining our respective market and product development capabilities, and leveraging best practices in manufacturing, MicroVision and Pioneer can accelerate introducing next-generation laser display products while reducing the total cost for both companies in getting there.”
Earlier this year, the two companies executed a joint development agreement to develop two critical components of the PicoP display engine: a laser light source module using direct red, blue, and green lasers and a separate display engine subsystem based on MicroVision’s patented PicoP laser scanning technology. Both are key pieces of the next-generation PicoP display engine that will offer OEMs significant commercial advantages in price, size, power, and performance for embedded solutions ranging from cell phones and eyewear, to airplanes and automobiles.

The MOU establishes the framework of a future manufacturing and commercial distribution agreement for PicoP-based display engines to be used in consumer, after-market and embedded automotive products. Pioneer has announced it is targeting commercial introduction of an in-vehicle HUD using PicoP technology into the consumer market in 2012.

“Pioneer has a strong history of bringing cutting edge technologies to mass markets,” stated Alexander Tokman, president and CEO of MicroVision. “We believe that by combining our respective market and product development capabilities, and leveraging best practices in manufacturing, MicroVision and Pioneer can accelerate introducing next-generation laser display products while reducing the total cost for both companies in getting there.”

Both Pioneer and MicroVision were recently recognized as finalists for the CEATEC Innovation Awards for 2010. Pioneer was recognized in the Automotive category for its demonstration of a HUD using laser scanning technology provided by MicroVision, and MicroVision was recognized in the Components category for its SHOWWX laser pico projector, powered by the PicoP display engine.

Continues...
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Here's the link...
http://www.businesswire.com/news/home/20101208005686/en/MicroVision-Pioneer-Jointly-Commercialize-Innovative-Laser-Display

In my last post─ on the subject of “Microvision: White Knight in Shining Armor”─ I wrote…

“Something is cooking at Microvision; and considering the available options at this stage, and knowing how Microvision management operates, it could be the “knight in shining armor” knocking at the door shortly.”

Well, there you have it.

Today's news is about Memorandum of Understanding; which in my opinion is the precursor to Pioneer Corporation coming on-board as the joint venture strategic partner... in other words, our “knight in shining armor”.

The reason I say Pioneer is coming on-board as the joint venture partner; is very obvious from the wording of the press release...

“We believe that by combining our respective market and product development capabilities, and leveraging best practices in manufacturing, MicroVision and Pioneer can accelerate introducing next-generation laser display products while reducing the total cost for both companies in getting there.”

And then consider this...

“Earlier this year, the two companies executed a joint development agreement to develop two critical components of the PicoP display engine: a laser light source module using direct red, blue, and green lasers and a separate display engine subsystem based on MicroVision’s patented PicoP laser scanning technology. Both are key pieces of the next-generation PicoP display engine that will offer OEMs significant commercial advantages in price, size, power, and performance for embedded solutions ranging from cell phones and eyewear, to airplanes and automobiles.”

We're all too familiar with the Azimuth funding situation, so I believe at this point the management had to be looking at some serious alternatives. Here's some quotes from the 3rd Qtr earnings conference call...

"...As a result of these events, most recent events, we have immediately accelerated our internal efforts to develop and commercialize the best performance, tiniest, low-cost engine for the high-volume consumer applications based on direct green lasers. We're in the process currently of selecting strong partners, who will help us to accelerate this effort, such that, our time-lines match the commercialization of the direct green laser time-lines."

This is what Alex Tokman, Microvision CEO said, when answering a question about cost containment...

"...We're gonna rely for, uh, for this second-generation engine, we're gonna very closely ally ourselves with, uh, one or two strategic partners, who will take on a lot more of a development and manufacturing than what we've done in the past."

I don't know what this means to you?

But to me, it means strategic partnership with sharing of joint venture costs and surely there's a possibility of equity funding from a strategic partner.

Once the market realizes the full impact of this strategic partnership with Pioneer Corporation, the MVIS stock price may start on the path to recovery, which in turn should allow Microvision to tap into the remaining money under the Azimuth facility starting now and more at a later date.

For a company like Microvision, with huge future potential but running out of cash while waiting for cheap diode lasers, Pioneer is the “knight in shining armor” and is the friendly enterprise that comes-on-board upon invitation of the management… and possibly offers cash, but surely shares development costs, for the next crucial 36 months, in exchange for an opportunity to joint venture in mega billion dollar market potential.

The good thing in this relationship is that; there are no stock dilutions from progressively increasing number of shares and warrants.

Having said that… 
Microvision’s current financial situation leaves them vulnerable to possible “hostile takeover” and the corporate management may be exploring every possible cost saving and additional funding strategy for the company in an effort to continue as an independent enterprise.

The only problem is; it may be too late to conserve available capital, including additional funds raised thru Azimuth─ if any, and make it last another 36 months as an independent “going concern”.

This joint venture strategic partnership, or whatever else you may call it, is the best of all possible avenues to financial survival and future growth without giving away the keys to the store.

I’m sure the recent purchase of a patent portfolio from Motorola was at the heart of this deal with Pioneer... because, it not only strengthens Microvision’s patent portfolio but also makes their [Microvision] laser based pico projection technology IP portfolio so much more broader that companies like Pioneer may find it cheaper to “join them” rather than “fight them”.

That is all good.

However, it’s not more patents and diversity of products that Microvision needs at this stage. What they need is fiscal responsibility to conserve capital for the next 24 to 36 months while they patiently wait for cheap diode/SHG green lasers… because without cheap green lasers, Microvision will not survive as a financially viable independent entity,­ with or without Pioneer.

You are right, this joint venture with Pioneer [ whether you see it for what it is or not] is the most significant and positive news for Microvision employees and its investors.

It may not be obvious to the naked eye...
  • Pioneer is the "knight in shining armor" and they don't even know it. Equity funding from Pioneer is always possible... but it is not necessary while Azimuth funding is still in place.
  • This “knight in shining armor” comes with NO stock dilution to the existing stockholders... and that's a very good thing under the circumstances.
  • Microvision just transferred [some] of their SG&A and R&D cost to the joint venture with Pioneer... without laying-off any key personnel.
  • Microvision just about [indirectly] solved its funding issue... because, sooner or later the market would recognize the financial significance of this joint venture and with PPS increasing gradually, the funding from Azimuth would keep flowing.
  • Microvision just expanded their product offering to include Integrated RGB Laser Light Modules, Integrated Photonic Modules, and PicoP Display Engines.
The biggest news is...

This joint venture would now allow Microvision to introduce [spec] consumer products in partnership with Pioneer as a strategically aligned OEM with deep pockets... rather than waiting for OEM customers to come to the table with firm commitment to dollars, time-lines and product configurations.

Anant Goel


Thursday, September 30, 2010

Microvision: Goes Sour on Apple?

There may not be any Apple in Microvision future… because Apple has considered but never [yes that’s right] warmed-up to the idea of embedding a pico projector, Microvision’s or anyone else’s, in any of its product line.

That’s a very bold statement and demands due diligence and research to support this argument.

First, watch this Alex Tokman interview video dated September 27, 2010. Watch carefully; from three minutes seven seconds to three minutes thirty five seconds.

http://www.youtube.com/watch?v=7MQtsuj1y-I&feature=youtube_gdata_player

AT sounds sour on Apple don’t you think? For someone who used to answer questions about Apple as: “Apple world loves us”… now talks about Apple as a forgone conclusion in the iPhone vs. Google Android battle of the giants. Google Android is a new entrant to the smartphone arena and anyone worth listening to in this technology space would tell you: “it’s too early to tell who would be the leader… if there is going to be one at all in the first place?”

AT sounds sour on Apple and there may be a good reason for it.

Vast majority of technologists with-in Apple camp are convinced that pico projection technology is not mature enough to risk the integrity of their established technology offering… like computing, MP3 player, or mobile me platform [iPad, iPhone]. Unless there is an Apple product genre that offers pico projection as a primary function… there is very little chance of a pico projector making its way into the existing Apple product line? Unfortunately, that is not the only issue.

Another issue with an embedded pico projector inside any of the Apple product line, according to my sources, are the concern for primary product reliability and common mode failure caused by or because of the embedded pico projector functionality.

The reasoning goes like this...

“Pico projection is relatively new technology; with very little, if any, proven performance and reliability track record. If the pico projector goes on the fritz, the primary functionality of the iPad, iPhone or iWhatever is lost and the entire unit must be repaired or replaced”

That does not sound too good for embedded pico projectors for the Apple product line… at least for now.

However, all is not lost.

Smart companies have figured out the way around Apple’s position on embedded pico projectors. They are coming out with hand held pico projectors as an accessory unit for the Apple products─ like Microvision SHOWwx for one example, or as a docking station for the Apple mobile me products [iPod, iPhone, iPad] with added bells and whistles.

Anant Goel

Disclaimer: These comments are author’s personal observations and opinions and are based on his own research conducted recently.

Sunday, September 5, 2010

Next Paradigm Shift: The Internet Would Democratize Broadcasting and Content Delivery

Over the last few years, there has been such a confluence of technologies in so many different sectors that it is about to bring several paradigm shifts… and in the process shape our lives and also open-up new frontiers to commercial opportunities.

There is a long list of paradigm shifts taking place right under our noses while we work, play or snooze. As the title suggests, here we will just focus on: How Internet Would Democratize Broadcasting and Content Delivery.

How attractive does a new technology have to be to warrant adoption and utilization?

It all started with YouTube and the beginning of ‘broadcast your self” phenomenon in the year 2005.

YouTube is free; and is a video-sharing website on which users can upload, share, and view videos. YouTube uses Adobe Flash Video technology to display a wide variety of user-generated video content, including movie clips, TV clips, and music videos, as well as, amateur content such as video blogs and short original videos. In the early days, most all of the content on YouTube was uploaded by individuals, although there were some early adopter media corporations including CBS, BBC, VEVO and other organizations that offered some of their material via the site, as part of the YouTube partnership program.

Unregistered users can watch the videos, while registered users are permitted to upload an unlimited number of videos. Videos that are considered to contain potentially offensive content are available only to registered users 18 and older.

Before the launch of YouTube, there were only a few easy methods available for ordinary computer users who wanted to post videos online. However, with its simple interface, YouTube made it possible for anyone with an Internet connection to post a video that a worldwide audience could watch within a few minutes. The wide range of topics covered by YouTube has turned video sharing into one of the fastest growing and most important part of Internet culture.

Follow the Eyeballs

Consumer demand for service providers to deliver content to any device, at any time and in any location is growing more prevalent each year. Consumers are gaining additional control over how they access content, whether it’s through personal computers, mobile devices or set-top boxes… challenging service providers’ traditional walled living room offerings and in the process threatening their position in the content delivery value chain.

“All service providers need to do is follow the eyeballs,” said Stef van der Ziel, Jet-Stream CEO. “Thanks to the Internet, consumers are revolutionizing the way they access content, and content owners and advertisers are following their lead. Service providers don’t want to be left behind; they want a portion of the content distribution opportunity.”

To do this, service providers must evolve from triple play services─ offering phone, Internet and video, to ‘open play’ platforms that deliver content to all four screens─ PC, Mobile client, TV and the pico projector.

Technology: Deployment of the “Four Screens CDN”

Anyone with commercial interests in streaming media services and CDN [content delivery network] technologies; and that has ever produced a video for YouTube or a web cast, will tell you that the Internet would democratize broadcasting. If a college dropout with heavy interest in media and technology could broadcast video globally on YouTube, then anyone would be able to do so. In a matter of time, all content would be distributed via the web to PC’s, mobile clients, and TV’s and pico projectors. The signs are all around you… just look at the latest products and services offered by Apple, Amazon, NetFlix, Hulu, ESPN and so on.

Years ago, I envisioned a future where consumers and companies would not be locked in walled living rooms… and content owners could distribute content directly to consumers. It was just a matter of time, people and companies [like Apple, NetFlix, Hulu, ESPN] would use the Internet to share content. I also foresaw that the Internet could not handle the sheer volumes of content. There would be a huge need for smart distribution technologies. Telcos will have to follow the eyeballs and embrace Internet based content and consumption on all four screens─ the PC, mobile client, TV, and pico projector by deploying intelligent CDNs.

The Open Play

Enormous amount of resources will be spent to scale the web for professional and massive content delivery; to democratize broadcasting, to disrupt the traditional cable and broadcasting industry and to break open this market so anyone could create, distribute and consume content, anywhere, without borders.

Continued Market Growth Ahead for CDNs

In 2008, the entire global market for video delivery services was only $400 million, according to Frost & Sullivan. That’s a really small number when compared to the overall CDN market size or many of the other segments of the infrastructure market. It shows that the CDN market still has a long way to go and that many opportunities still exist.

Most content owners still don’t make any money with their content, but just imagine what the CDN market will look like when they do. CDNs will be even more crucial down the road as content owners rely on them to help them generate revenue. In the next few years, as more devices [like Apple TV, iPhone, iPad] come to the market, consumers will begin to adopt them in large numbers—then the market will change.

While many ask when this is going to happen and what the next tipping point will be that gives CDNs the next surge of traffic, you have to remember that it does not happen overnight. Many use the example of YouTube and 2007 as being the year that the CDN market really exploded. But what most people didn’t see, or don’t know about, is all the work that was taking place in the CDN space leading up to that event in the years before. Companies worked very hard from 2004 to 2007—none of that perceived growth in 2007 truly happened overnight.

Today, we’re building the market size for CDNs every single day. Even with the poor economy, you don’t see less content online… you see more. You don’t see poorer quality video… you see HD. You don’t see fewer devices… you see more platforms than ever before. This is what we’re building on. So when it seems like there is a sudden surge in the CDN business years from now, with or without Telco’s, remember that it did not happen overnight.

Tough times for many of the vendors in the CDN space may be coming to an end. All industries need corrections, and the CDN industry is no different. The bottom line is that the CDN industry has never been stronger, has never been more needed, and will only continue to evolve to help do more than just deliver some bits from point A to point B.

In the future, private CDNs─ like the one rumored at Apple, will flourish. Streaming media analyst Dan Rayburn reported last year that Apple was planning to bring some of its CDN capabilities in-house. “Folks I have spoken to inside Apple told me that once the new data center is completed, Apple plans to have a more active role in doing their own content delivery,” Rayburn wrote, noting a precedent. “While its way too early to speculate what kind of content Apple will deliver and in what volume, this strategy is nearly identical to what we’ve seen Microsoft do over the years.”

In closing, I must re-state that most CDNs will become profitable, some will be worth acquiring, and many content owners will be willing to pay more for a service that makes them money. We’re all waiting for this time to come. And while it won’t come overnight, I think it will happen sooner than many people may realize.

Anant Goel

Sunday, March 28, 2010

Microvision: Growth Stock with 50,000% Profit Potential

I have always believed investing in companies that ride the wave of change or bring about the paradigm shift; with an eye on the long term growth prospects of the company.

In the last 30 odd years that I have been investing, I have had my share of good fortune and misfortune. However, what’s important is the fact that I managed to secure my financial future and live today to talk about my strategy of investing in companies that ride the wave of change or bring about a paradigm shift. Some of these companies─ like Intel, Dell, Qualcomm, and Cisco─ have grown to be huge enterprises and have made their early investors over 10,000% or more since their inception.

A while back I wrote a post about my 14,000% profit experience with Intel during its growth phase from early 80’s to the end of Dot.com era in the year 2000. Here’s the link to that post…

http://mirro7.blogspot.com/2009/09/intel-i-made-over-14000-profit-since.html

I’m one of those old timers that invested in Intel during its early days as a company… in the early 80’s. I recall buying some shares for a total cost of $1,000 dollars. I had to liquidate all my position in Intel during the Dot Com bust of 2000… around May of that year. However, it was not all that bad, because I managed to sell pretty close to the all time high and I remember bragging about my good fortune and fortitude to have stayed the course to make over 14,000% profit… for a net gain of over $140,000 dollars including dividends and the stock splits.

The past performers in my portfolio have served well. However, these companies like Intel, Dell, Qualcomm, Cisco, and Microsoft are past their hyper growth phase and are now too big and are just slow earnings growth vehicles. No disrespect to these fine companies… it’s just that they don’t fit the “hyper growth” company model any more.

One of my stocks holding now, besides an options income portfolio, is Microvision. I believe Microvision has the makings of the next 50,000% profit producer in the next 5 years or so.

Here’s why…

On Wall Street, you often hear terms like “top dog” or “first mover” in the context of a growth stock presentation to institutional clients. It’s quite interesting really…

A "top dog" is a company that dominates its industry... and a "first mover" is a company with a technology or product so revolutionary that it disrupts an existing industry and creates an entirely new one.

On the rare occasion that you find a company that is both─ both a top dog and a first mover ─ the chances are pretty good that you've found your next big winner...

Just think of eBay in the online auction market... Amazon in the online retail market... Netflix in the DVD-rental market… and Cisco in the router market… etc.

These companies redefined the way business was done, launched entirely new industries, and continue to dominate those industries to this day. And you don't need me to tell you how handsomely they've rewarded shareholders along the way.

In order to find companies that will deliver truly life-changing investment returns, you have to find growth companies early in their life cycle and truly believe that they are indeed the ones to ride the wave of change or bring about the paradigm shift… with potential of sustained long term growth.

Before we talk about Microvision as the growth company of the future with a 50,000% profit potential, let’s first consider…

Is now really a good time to be buying growth stocks?

The fact is; it takes guts to make money in this market.

But here's some good news…

For one thing, our current economic conditions bear a striking similarity to the economic downturn of the early 1990s. And Morningstar reports that during that recession, “growth” stocks more than doubled the return of "value" stocks.

For another thing, "growth” stocks can excel even if the broad market continues to stumble. In fact, the analysts expect better profit prospects for growth stocks than for value stocks.

Money for nothing...
We have to be realistic in our expectations when searching or investing in growth companies. The purpose of looking at the great companies listed above is not to show that growth investing is an all-win situation. Far from it!

The purpose of the illustration is to demonstrate how well great companies perform over a long period. If you can identify just one great company early, and then hold on for the long term, you can do pretty well for yourself.

Growth investing is highly volatile, and it will fray the nerves of those individuals with a low risk tolerance. Having said that, all investors should devote a portion of their portfolios to growth stocks. For those traveling in the fast lane, an allocation of 30% of their portfolios might make sense. More conservative types should allocate at least 10% in order to provide a little juice for their investments. I'm somewhere in between, so I devote about 20% of my portfolio to growth.

Microvision: Growth Stock with 50,000% Profit Potential

I believe Microvision has the makings of the next 50,000% profit producer in the next 5 years or so.

In order to become a very successful, profitable and huge company [in terms of market capitalization] you need the following pre-requisites:

Management: with expertise, vision, support network, past record, communicative and persuasive skills and a will to succeed.

In my opinion, we have the best possible management with all the pre-requisite attributes necessary for managing Microvision at this stage of the company’s growth. Here’s a link for your review…

http://www.microvision.com/about_microvision/team.html

Financially Sound: with money to support on-going operations, R&D expenditures, product development and commercialization.

According to the latest annual report for period ending December 2009, Microvision had $45.7 million in cash and short term cash instruments. Looking at the financials, the company is burning about $11 million per Qtr. At this rate, the company has about 4 Qtr worth of cash… assuming no additional revenue from product sales or contract payments.

Since we already have a SHOWwx product lunched in the US, Europe and the Asia Pacific region… I would venture to say that most R&D expenses have already been incurred [almost $300 million to date] and net profit from sales could reduce the cash burn by 3-4 million dollars per Qtr. That would stretch the available cash reserves to 7 Qtr or so. It’s ironic, but the investors of the past have funded this massive R&D undertaking to-date. However, the current investors will reap the benefits and are assured the company has cash to fund the on-going operations, product development and embedded PDEs commercialization.

Here’re some links…
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-newsArticle&ID=1400178&highlight=

http://finance.yahoo.com/q/is?s=MVIS

Disruptive Technology: that can bring about massive shifts in “technology paradigm” and “social paradigm”. Each of the five products that Microvision is offering has the potential to cause massive paradigm shift in its own space of product applications.

Microvision’s core technology [PicoP Display Engine] is weaved into five product offerings and each of the product line has the potential of generating billions in revenue:

Vehicle Displays: for automobiles.
http://www.microvision.com/vehicle_displays/index.html

Wearable Displays: a see-through, high-resolution display platform that enables lightweight and fashionable eyewear displays for mobile devices. Microvision’s Color Eyewear platform allows mobile users to access their personal content and services while keeping their vision of the outside world free and clear, letting mobile users stay on the move.

http://www.microvision.com/wearable_displays/mobile.html

Pico Projector Displays: brings big screens to small devices. The Pico Projector or “PicoP Display Engine” can be embedded in mobile phones, laptop or similarly-sized mobile devices to enable upto 100” full color projection display [with DVD resolution] for applications such as streaming video, digital TV, high resolution photographs, and surfing the net.

Standalone Laser PicoP Projector SHOWwx:
http://www.microvision.com/pico_projector_displays/standalone.html

Embedded Unit:
http://www.microvision.com/pico_projector_displays/embedded.html

Applications Gallery:
http://www.microvision.com/pico_projector_displays/application_gallery.html

Military Displays: are used across various branches of the U.S. Military including the U.S. Army, and U.S. Army Reserve.
http://www.microvision.com/wearable_displays/military.html

Laser Bar Code Scanner: features a patent-pending, low-cost, shock-resistant, mechanical/magnetic laser scan engine.
http://www.microvision.com/barcode/index.html

Competitive Advantage: Microvision has over 115 U.S. Patents issued and 79 Patents pending to protect its intellectual property… giving it a huge competitive edge.

http://www.microvision.com/about_microvision/index.html

Technologically Feasible: Microvision has five different products in its portfolio. Each product has been demonstrated to be technologically feasible… with some being offered commercially.

PicoP Display Engine technology is based on the proven and mature silicon MEMS laser scanning mirror technology… as demonstrated by their commercially marketed “ROV” bar code scanner system.

http://www.microvision.com/technology/index.html
http://www.microvision.com/barcode/rov.html

The company recently launched the world’s first laser based PicoP projector SHOWwx in the US in March of 2010.

http://www.microvision.com/showwx/

Microvision has teamed-up with Asia Optical, a global leader in optical component solutions and contract manufacturing, speaks highly of the technological feasibility of the PicoP product. This collaboration focuses on leveraging Asia Optical experience in high-volume design and manufacturing to create a compact, manufacture able and affordable PicoP Display Engine product for Microvision customers. Ultimately, it is expected that PicoP Display Engine will be incorporated into a variety of applications and products in the automotive and mobile consumer electronic products.

The development agreement with Vodafone and Motorola is big for the following reasons…

The deal with the top tier cell-phone companies [Vodafone and Motorola] validates the Microvision technology and its business model.

The deal with Vodafone and Motorola are not exclusive [at this stage] and possibly is the beginning of a relationship that can easily grow into these companies taking equity interest in MVIS… or a possible buyout in the future. As the company [MVIS] has indicated, they are talking to several other large mobile phone and consumer electronics firms.

The top tier cell-phone companies [like Vodafone and Motorola] see value in announcing the relationship with Microvision at this stage of the product development… meaning that the product is within the spec for an embedded device for the cell-phones… and on schedule for early introduction in 2011.

Microvision launched the standalone PicoP projector SHOWwx in the US in March of 2010 and is on schedule to deliver the embedded unit for commercial production in early 2011.

Market Size: The market for PicoP Display Engine is huge. The potential markets are automobiles, mobile phones, smartphones, laptops, PDAs, iPods, iPhones, Pads, digital cameras, camcorders, personal mobile TVs, and the fashion eyewear.

Here are some world-wide statistics...
New autos: sales for 2007 … 49 million units
http://www.metrics2.com/blog/2006/12/28/world_auto_sales_flat_in_2007_china_becomes_no3_re.html

New Mobile Phone Sales: for 2007… 1.15 billion units
http://www.itbusinessedge.com/item/?ci=29702

New Laptop Sales: for 2007 … 207 million units
http://www.pcworld.com/article/id,132861-pg,1/article.html

New “PDA’s, iPods, iPhones, Digital Cameras and Camcorders”… over 300 million units

New Eyewear Sale: for 2008… 1 billion units

Personal Mobile TV/Projectors… new market opens up with potential 1 billion units
http://www.microvision.com/pico_projector_displays/application_gallery.html

Technology and Business Partnerships: Microvision has partnered with the biggest [financially], the most respected [for over 100 years] and the best in the business to design and manufacture its PicoP Display Engine for the automotive and consumer electronic markets.

Now what we need is a few more commercial business partners and OEM agreements for the PicoP Display Engine and Wearable Display product line. I am sure it will happen soon and when it does happen the MVIS stock will run up the charts as we have never seen before.

Microvision has the potential of being the “Top Dog” and the “First Mover” in the global PicoP projection market…

When investing in technology, always look for the “killer app”—yes, the software program, piece of hardware, product improvement or whatever—that makes the product stand out.

Take Internet browsers for example. Now, for a while there it took everyone some time to figure out what exactly an Internet browser was. Today, many of us can’t imagine what life was like before we had Google. These days, if you need information on any topic under the sun, you simply “Google” it! What would we ever do without Google?

When looking to buy the latest tech stock, investors [you] need to scrutinize the product and the unique ability it offers to its users. Google is a great example of a “killer app” that revolutionized the Internet.

So what’s Microvision’s “killer app”?

It’s the “Disruptive Technology”; that can bring about massive shifts in “technology paradigm” and “social paradigm”. Each of the five products that Microvision is offering has the potential to cause massive paradigm shift in its own space of product applications.

What makes Microvision’s PicoP Display Engine technology as "Killer app" in simple terms?

1. Always in-focus image that needs no adjustment when on the move or when moving to change the projected image size… due to inherent feature of laser projection.

2. Longer projection periods per battery charge… by switching-off the laser light source during periods of dark picture segments.

3. Cool to the touch and no waste heat generated… due to modulating lasers as light source.

4. Large projected images [up to 100”] in widescreen aspect ratio of 16:9.

5. High resolution image [848x480] at 10 lumen brightness… with pathways to high definition images at 20 lumens or more brightness.

6. Dramatic cost reduction [with huge profit margin improvements] as the laser light technology matures and economies of scale are achieved.

7. Small physical size that starts out small and gets even smaller from one generation to the next.

The PicoP Display Engine can be embedded in hundreds of different products representing a huge market share for entire product line-up. It has the potential of adding billions of new dollars to Microvision—expanding what I like to call the “halo effect” from the PDE to the rest of Microvision product line of applications that are currently under development.

Yes, investing in technology can get complicated. Many advisors compare the stock price to the company’s earnings and cash flow, and then look at earnings growth trends and the company’s debt levels in comparison to its competitors. This is some in-depth analysis for the average investor!

Well, Microvision has very little earnings and cash flow from current sales; so you have nothing to analyze. Consider yourself in good company: Billionaire Warren Buffet doesn’t invest in technology because he doesn’t understand the fundamentals of the business. That is why he has missed out on billions of dollars in potential profits from the likes of e-bay, Google and Apple. So, if you’re waiting for revenue and current cash flow from your Microvision investment, there is none for all analytical purposes.

But that will change in the next Qtr when the earnings report will show increasing sales of SHOWwx projector from the US, Europe and Asia Pacific region.

When it comes to emerging technology from companies with small capitalization, don’t do what Warren Buffet does. Do your own DD and then take a small position in Microvision for its emerging technology and huge profit potential in the next 5 years.

Is Microvision ready for prime time SHOWwx time and worthy of your investment dollars, consider this…

Five years from now in 2014, the stock could easily trade in the $300 to $500 range.

Here’s an educated projection…

• Worldwide Market Size: 2 billion units [cell phones, laptops, smartphones, iPods, iPhones, iPads, camcorders, digital cameras, gaming devices, and mobile TV/Projectors etc.]

• Worldwide Market Size: 1 billion units [wearable see thru displays]

• Market Adoption Rate: 10%... 300 million units

• Microvision Market share: 15% of 300 million units… 45 million units

• OEM price: $90 per PicoP Display Engine

• Revenue: $4 billion

• Net Profit Margin: 40%

• Net Profit: $1.6 billion

• EBITDA: Earnings Before Interest, Tax, Depreciation and Amortization: $1.5 billion [with operating expenses at $100 million]

• Interest Expense: $0 million

• Interest Income: $20 million

• Tax: $220million

• Depreciation: non cash and very small

• Amortization: non cash and very small

• Net Operating Income: $1.3 billion

• Earning Per Share: $13 on a fully diluted basis [100 million shares]

• Price Earning Ratio: 30 for a hyper growth company

• Price Per Share: $390 per share

In my book, the “Risk” is insignificant [may be 2% per year interest in treasury bills as the lost opportunity] as compared to the potential of making over 100 times your money in the next year 4 to 5 years.

Anant Goel
http://www.wealthbyoptions.com/