Links to Pages

Friday, July 6, 2018

Ronald Wayne

So a friend and I were having coffee the other day.

We discuss Microvision often.

At this point, everything is looking really good. We knew what was coming, and now it looks that at least one mass market product is imminent -- because there are several close at hand:


  • Near-eye display (Hololens? Oclulus? Magic Leap? Glass) MSFT, FB, GOOG
  • Interactive display? Smart speakers, smart displays? (AMZN, AAPL, GOOG)
  • Home security?
  • Auto LiDAR?
  • Display only (Contract signed, best guess as to who is Sharp/Foxconn)
Rumors have also been circulating about a "surface phone" -- I sent a note to a tech reporter with a link to a surface phone post I'd done  more than a year ago.  When I did that an hour later, this document was gone.  It's back, but I suspect they hit some traffic limits. The background is interesting.


The amount of upward motion that could occur with this stock if these stories are confirmed or the suspicions widely circulated will be amazing. If one of them is confirmed, we're off to the races.

It's possible we start rising, and the tired investors will panic when there's a hiccup.


and that... reminded me of Ronald Wayne.







Ronald Wayne (born May 17, 1934) is an American retired electronics industry worker. He co-founded Apple Computer (now Apple Inc.) with Steve Wozniak and Steve Jobs, providing administrative oversight for the new venture. However, he soon sold his share of the new company back to Jobs and Wozniak for $800 US dollars, and later accepted $1,500 to forfeit any claims against Apple (in total, equivalent to $9,498 in 2017). As of May 4, 2018, if Wayne had kept his 10% stake in Apple Inc., it would have been worth over $93.1 billion, making him the second richest man on earth.[1]







At the time, he seemed like a smart investor. He doubled his money in a short time, and he cashed out. Poor move.


A lot of Microvision's investors now are tired.

We have held the stock a long time... many of us have lost a lot of money and would like to get it back.


So, if we get it back and then some -- that's awesome, right? 

Not so fast.

Most of the rest of the people who find this company are going to find it after it gets mentioned in the same breath as some big names. Not before. Shortly after that it will start to rise... or it will before that.


some of the tired investors will be tempted to take the money and run... but if you're more patient, I think you'll do a lot better than Ronald Wayne.



No comments:

Post a Comment