BENZINGA! -- Interested in Virtual Reality? Here are the purest plays

Nice article in BENZINGA about investing in Virtual Reality. (Of course, that's not all Microvision has going on, but this is the right kind of attention.)


Benzinga   More at the source

Virtual reality and augmented reality are two of the fastest growing industries in the areas of electronic gaming, entertainment, medical services and military applications. Just look at the success of Nintendo Co., Ltd NTDOY's Pokémon Go.

Despite this, there are a few smaller companies where VR can bring a substantial amount of money to the bottom line.

Immersion Corporation IMMR is working on force feedback, the creation of the sense of touch to the user through the use of vibrations or motions. Immersion is one of the leaders in this technology, also known as kinesthetic communication and haptic technology. The stock has a nosebleed high trailing P/E earnings ratio of 901, but a more reasonable forward P/E of 26. The company is debt free and has $2.11 in cash per share.

Kopin Corporation KOPN develops, makes and markets virtual and augmented reality gaming, training, and simulation products. The company is currently generating negative earnings but is debt free with $1.42 in cash per share.


Microvision Inc. MVIS makes PicoP scanning technology for three-dimensional sensing and image capture. This company, like Kopin, also generates negative earnings, but is also debt free. It has 22 cents in cash per share. On the positive side, Microvision's quarterly revenues jumped 311% year over year.

These three stocks are all small caps, so they should be viewed relatively speculatively. But they could provide under the radar opportunities for investors interested looking to make VR and AR gains a reality.

More Detail on FoxConn offer to purchase Sharp

I am observing this situation. I don't have any opinions about it yet. Such a deal could be very beneficial to MicroVision (or not.) It certainly is a step closer to a major manufacturer with immense reach and very important market positioning.


Benzinga

Reuters

Taiwan's Foxconn (2317.TW) has detailed its offer for troubled electronics maker Sharp Corp (6753.T), a person with direct knowledge of the talks said, potentially complicating a rescue bid led by a Japanese state-backed fund.

Innovation Network Corporation of Japan (INCJ), still seen as a front runner, will go head-to-head with Foxconn in the bidding for Sharp, and its third bailout in under four years.

Foxconn, formally known as Hon Hai Precision Industry, had already offered over 600 billion yen for Sharp but had stopped short of detailing a restructuring plan, people with knowledge of the matter had said last week, dampening enthusiasm for its proposal among Sharp advisers.