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/

Microvision: Take Over Target (Part 2)

Someone asked the obvious question: "What if a company does make an offer?"

Well, here's what I think...

If a company makes an offer and Microvision management turns it down then they [the suitor] have the option of going directly to the shareholders and try to get them to agree to a PPS rejected by the management. At that time, management would make their case to the shareholders why the takeover offer is too low and that there is more value to remaining independent.

If we can make a case on the back of a napkin for $100 per share in next 5 years, then I am sure a Six Sigma Master Black Belt CEO of Microvision can do the same. The current management team did not come to Microvision to preside over the sale just as they are about to achieve commercial success.

Here are some back-of-the-napkin CONSERVATIVE figures…

Five years from now in 2014, the stock could easily trade in the $300 to $400 range. Here’s the projection…

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

• Worldwide Market Size: 1 billion units [wearable 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: $1.55 billion [with operating expenses at $50 million]

• Interest Expense: $0 million

• Interest Income: $20 million

• Tax: $120million

• Depreciation: non cash and very small

• Amortization: non cash and very small

• Net Operating Income: $1.5 billion

• Earning Per Share: $16.60 on a fully diluted basis [90 million shares]

• Price Earning Ratio: 30 for a hyper growth company

• Price Per Share: $500 per share approximately

In my book, the Risk is insignificant [may be 3% per year in lost opportunity] as compared to the potential of making 100 times your money in the next 5 years.

A standard way to value a company, or any investment, is the Dividend Discount approach. Other closely related approaches are: Discounted Cash Flow, Free Cash Flow, and Economic Value Added (EVA), a trademark of Stern & Stewart. To use any of these methods, the analyst projects future payoffs to the investor, then discounts these payoffs to their present value.

No matter what approach you choose, you still have a hyper growth company that is worth at least high double digit PPS in today’s value.

As someone said…

“This is a $100 stock in a $5.28 wrapper.”

The competition knows that.

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

Microvision: Opportunity of a Lifetime… in our Lifetime (Part 4)

The cost of missing out can be greater than the cost of messing up.

“The opportunity of a lifetime must be seized in the lifetime of the opportunity.”
 …Leonard Ravenhill

Here’s the REASON #4… to not let this opportunity pass you by and why you should quickly reposition your assets now…

REASON #4

It is my belief that in the coming short years, all sorts of video devices and services will dominate our communications world.

Here’s why…

Research shows that we humans prefer video communication over any other forms of communications. The reason cited is that retina is actually a piece of the brain that has grown into the eye and processes neural signals when it detects light.

What does this mean, in simple terms, to us humans… specifically for our preference for visual over any other forms of communications like sound, smell and touch? Well, this may be because our brain [in the retina] receives information first and processes it before that received from other channels [like audio, smell or touch].

May be this “brain in the retina” explains why survey after survey, the research points to our preference for “Video” over “Widgets”. Recent research survey from CES 2009 enforces the belief that “Video will continue to be the preferred means of all human communications”.

Now, let’s take it a step further and gather some information from real life consumers that are user of communications products… to establish their preferences and requirements:

• Video vs. Other Forms of Communications: Research has shown that users prefer video communication over other forms of communication [sound, smell, touch] and video will continue to be the preferred means of all human communications.

• Users Preference for Image Quality: Research has shown that users prefer wide screen, high definition, 2D/3D video with fast refresh [without motion blur] and always in focus images for all forms of video [static, streaming, and broadcast] communications.

• User Preference for Mobility: The entire world [users and service providers] is getting into the instant gratification mode and going mobile in all forms of communications and entertainment across the globe.

• Product Features Leading to Technological Convergence: Technological convergence is the tendency for different technological systems to evolve towards performing similar tasks. Today, we are surrounded by a multi-level convergent media world where all modes of communication and information are continually reforming to adapt to the enduring demands of technologies, “changing the way we create, consume, entertain, learn and interact with each other”.

Convergence in this instance is defined as the interlinking of computing and other information technologies, media content and communication networks that have arisen as the result of the evolution and ubiquity of the Internet as well as the activities, products and services that have emerged in the digital media space.

• Customers Requirements: Customers desire all digital/video devices to be low power, low cost, multi-media enabled, multi-tasking, integrated & all inclusive, easy to use, low maintenance, professionally supported and warranty serviced.

• Consumer Defined Shared vs. Private Information: Consumers desire the option [in product models or optional features] or built-in switch able flexibility in these digital/video devices to be able to switch between “shared” vs. “private” mode.

It is my belief that in the coming short years, products and services like the following will flourish…

• Pico Projectors for large Image Experience from Portable Computing and Small Mobile Devices (like laptops, cell phones, smartphones, media players, digital cameras, camcorders, etc.)

• High Definition Lamp and Pico Projectors in Home Theater for Shared Viewing Experience

• Pico Projectors in HD Mobile TV/Projector for shared viewing experience

• Pico Projectors in Mobile TV for private viewing experience…like watching TV in bed for mom and dad… and personal mobile TV/Projector for little Jonny.

• Green PicoP Projector in Mobile TV for shared viewing experience… targeting the third world countries with focus on low energy consumption.

• Display Eyewear

• Augmented Virtual Reality

• 3D and Hologram Images

• Night Vision

• Interactive Video Gaming

• Video on Demand

• Music Videos

• Visual Learning Systems & Simulators

• Video/Audio Transcription

Microvision is in the right place at the right time with the commercial availability of their laser based PicoP display engine developer’s kit [PEK] for use in multitude of above mentioned applications… besides the recently launched world’s first laser PicoP projector code named SHOWwx.

Laser based PicoP display engine specs and features are several notches above the competition… namely:

“always in focus, hi-resolution images, large size images from 12” to 100”, wide projection angle, rich and vivid colors with wider color gamut, small/sleek form factor, short throw ratio, longer battery power, simple plug n play, and movie capable (production version expected 2-3 hour battery life).”

Microvision’s PicoP display engine offers enhanced and superior specs and features compared to what’s considered desirable at this stage of Pico projection development…

• Size: The height or thickness of the projector is its most important characteristic; the technology must be able to be embedded in thin handheld devices. Both height and volume should be minimized. The initial products will have projector engine sizes ranging in height from 7 to 14 mm and in overall volume from 5 to 10 cc.

• Brightness: The brighter the better. Brightness is limited by the available brightness of the light sources, either lasers or LEDs, the optical efficiency of the projector design, and by the need for low-power operation in order to maximize battery life. Initial product offerings will be in the range of 5-10 lumens.

• Image size: In general, the shorter the distance it takes for the projector to produce large images, the better—at least up to a point. A one-to-one distance/image-size ratio (projection angle of 53 degrees) is probably a good target. The first round of products on the market will have projection angles in the range of 30-45 degrees.

• Focus-free operation: Focus-free operation is a very desirable attribute in mobile applications. It is like “point and shoot” in a camera. Unlike typical projectors used in business settings, pico-projectors are designed for mobile use (in other words, the distance from the projector to the image will likely change often).

• Resolution: Resolution can be expected to continue to grow as product technology matures. The wide screen format is generally desirable for viewing video content. Initial product offerings will typically offer resolutions from QVGA (320 x 240) to WVGA (848 x 480).

• Color: Pico-projectors typically use either lasers or red, green and blue LEDs for light sources. In both cases, the result is large color gamut that far exceeds the usual color range experience of TVs, monitors, and conference-room-type projectors. White LEDs used with color filters yield a reduced color gamut.

• Contrast: The higher the better. Just as brightness is a measure of the absolute whiteness of pico- projectors, contrast is the measure of their absolute darkness. Contrast is the dynamic range of a display, making the difference between washed out images and crisp dramatic-looking images.

• Battery life: A starting goal for mobile devices is that they should last for the length of a complete movie. This puts the lower limit at around 1.5 hours.

Laser based Pico display technology is superior to what’s out there right now… DLP by Texas Instruments, LcoS by 3M and FLCOS by Micron Displaytech. The competition believed that green lasers wouldn’t be ready for years and its cost would be excessive. They also had concerns about laser projection “speckle” and laser safety issues. It is for these reasons, in my opinion, that they did not pursue the laser pico display technology path and essentially left the laser PicoP technology to Microvision un-contested.

Microvision on the other hand believed in the green lasers as being the differentiating technology that would make PicoP display engine as superior to LEDs based Pico projection technology… and also as a serious contender, in terms of quality and brightness of images, to the lamp based projection technology.

There were several hic-ups along the way. However, after three years of hard work, anxious wait for green lasers and sweating it each passing day, and 115 issued patents later, the world’s first laser based PicoP projector was commercially launched on September 15th, 2009.

Not only that, another announcement was made [on 10/8/2009] of a major OEM purchase order as a major milestone accomplished in the history of Microvision. The stakeholders of Microvision [investors, partners and consumers] can finally take comfort in this announcement as a milestone that…

“…validates the performance and quality of our first laser projector offering. On the heels of announcing our first shipments of the SHOWwx laser pico projector, and receiving the purchase order from an international distributor, this is another significant milestone in our go-to-market strategy.” ... Alex Tokman, CEO of Microvision.

We are truly at the turning point in the history of Microvision, that some may call the “validation” phase. Because, that’s what the commercial release and the two purchase orders from global consumer electronic OEMs represent as …

• Validation of Microvision’s laser based PicoP display engine technology, its quality, its reliability, and a viable commercial fabrication & production milestone.

• Validation of performance and quality of PicoP display engine at the core of the world’s first laser based PicoP projector SHOWwx.

• Validation of Corning's green laser technology, its reliability, and a viable commercial fabrication & production milestone.

• Validation of technical and performance superiority of laser based PicoP projector as compared to other two technologies on the market… DLP from Texas Instruments and LcoS for 3M.

• Validation of consumer preference for Microvision’s PicoP projector: wide screen, high definition, longer battery life, 2D video with fast refresh without motion blur, small physical size and always in focus images for all of video [static, streaming, and broadcast] communications.

• Validation of acceptable safety standard for laser based PicoP projectors in consumer use and adoption.

• Validation of speckle as a non-issue and as virtually non-existent with Microvision’s laser based PicoP display engine.

• Validation of fundamental design flaws of Microvision competitors: low resolution images, faded colors, short battery runs, longer throw distance, and requiring constant manual focus adjustments.

• Validation of Microvision as a product company rather than just a R&D house with 115 issued patents and with many more on file.

• Validation of global consumer electronic OEMs recognizing laser based PicoP projectors as a viable and superior alternative to DLP, LcoS and FLOCS technology.

• Validation of growing demand for Pico projectors from carriers and content providers on a global basis.

• Validation of consumer demand for quality Pico projectors.

• Validation of growing demand for green lasers and the ensuing competition in green laser product arena.

Microvision is ready as a supplier of laser PicoP projectors to consumers and PicoP display engines to its OEM partners… and offers the best of breed PicoP display technology.

Is Microvision [NASDAQ: MVIS] ready for prime time SHOW time and worthy of your investment dollars… you be the judge?

Stay tuned for REASON #5… as we move forward in our journey to explore “Microvision: Opportunity of a Lifetime… in our Lifetime”

Anant Goel

http://www.wealthbyoptions.com/

INTEL: I made Over 14,000% Profit since 1981 by Investing in Intel Stock

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. That was lot of money in those days and commission paid was a disgrace. Stock brokers were king of the hill and roamed the streets like God’s gift to humanity.

I had to liquidate all my position in Intel during the Dot Com bust of 2000… around May of that year. I think it was just before the last stock split the company had. 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. That’s right… over $140,000 in profit including dividends and the stock splits.

I always believed in investing in companies that ride the wave of change or bring about the paradigm shift with an eye on the long term growth prospects. In the last 30 odd years that I have been investing, I 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 have grown to be huge enterprises and have made their early investors, like me, over 10,000% or over since their inception. Some day, I will tell you about my other [early] investment in companies like Dell, Qualcomm, Microsoft, Cisco, Healthsouth [after the 2003 perfect storm] and most recently Microvision. And while Dell has had disappointing returns since the turn of the century, its business is still strong and investors have not even come close to losing everything.

Currently, I’m out of all the stocks except Microvision [Nasdaq: MVIS]. The past performers in my portfolio have served well. However, these companies like Intel, Dell, Qualcomm, Microsoft and Healthsouth 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.

My only stock holding now, besides an options income portfolio, is Microvision. If you would like to find out why I consider Microvision to be the next 50,000% profit producer, then click on the link to my blog post and make sure to read all the related articles.

Access to my blog is free and my profile will tell you why I’m taking this time and making an effort to reach out and share information that already exists in the Internet sphere…

http://mirro7.blogspot.com/2009/09/microvision-from-here-to-picop-ubiquity.html

http://mirro7.blogspot.com/2009/09/yes-virginia-its-intel-inside-but-image.html

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