This blog isn't and never has been intended to be investment advice. Whatever you read here is my own opinion, that's all -- whatever you do with my opinion is your business, not mine.
A lot of people have been e-mailing, texting, calling, etc. asking for my opinion about what is going on with Microvision.
I really don't know much new, the company has been really quiet -- everyone else is experiencing that too. If there is something interesting, it usually pops up on the Reddit board before I have seen it.
About the most recent news:
I am certain that a significant part of the recent weakness in the stock is the result of Corona Virus fears that are affecting the entire rest of the market. Both the market itself AND the supply chain. People are selling everything, and supply chains have been disrupted. There isn't any reason we should feel unique. (If the S&P 500 is down 25% what do you expect from us?)
I have always expected we would get to a licensing only model. (And hoped for it actually.)
Microvision's LiDAR solution is worth a lot of money. Autonomous vehicles are coming. (First to densely populated urban areas, then beyond.) ADAS is going to be required. Good sensors are required for this and Microvision's is excellent.
Same with the Near Eye Display. (AR is up and coming, and it's going to be HUGE.) It also will not happen tomorrow, but will be a steadily growing market. I believe that Hololens has the "Killer AP" for AR, and that it will not be difficult to get significant consumer involvement in AR. (Look at the initial craziness and persistent popularity of Pokemon' Go) I am convinced that Microvision is involved in Hololens, for all the reasons that have been highlighted here before. There is a long thread on the Reddit Board, tracking many patents that point that way.
Same with Interactive display: The use case for it is excellent. Based on numerous data points that include an interaction with an engineer from the company, I am convinced that Amazon was one of the customers for this product. It's entirely possible that the delay with this was simply supply chain problems. If Apple has trouble with supply chains, everyone will have problems.
Same with Display only. A few years ago in the Microvision Suite at CES I saw an "Android TV" with Microvision projector. I find it difficult to believe that a projector with an incorporated tuner (or incorporated Netflix) wouldn't be a hit... here, yes, but especially in second and third world countries where power and space are difficult to come by. There are a few billion people in the world living in small spaces who would still like to watch content on a big screen.
On the new CEO:
He owns a lot of stock, so he's motivated to make it work.
Maybe he's got something. Maybe he doesn't.
I am not selling.... now, back to flying and other things.
