The original investing premise for Microvision: Everyone wants a smaller device and a bigger screen

STILL HOLDS TRUE.

Just add some LiDAR into the mix.

The video (I'm about 4 minutes in so far, is a great explanation of AR, and how MicroVision can create more screen real estate.)

AUGMENTED reality Near Eye Displays are worth at least what LiDAR will be worth.

I think a LOT more. 

We are likely in my opinion to get more value in the near term from LiDAR.

What's it worth? 

My recent price target was Minimum of LAZR X 2 Market cap. 

I stand by all my valuation estimates still and I'm happily holding.

APPLE, GOOGLE, AMAZON & MICROSOFT are ALL WORKING ON AUGMENTED REALITY AND SELF-DRIVING VEHICLES....

 Four Companies are all working on two things as "the next big things" Augmented Reality and Self driving vehicles.

Combined they are worth 6.921 Trillion
Together they have 340 billion in cash

If they have a bidding competition for key technology that will give them an edge against the others, how much would they be willing to pay? 

Is 20 Billion too much? (That's about $130/share)

I am holding and will continue to hold

Some have called, texted, and emailed to ask about it.... so: I am holding and will continue to hold. 

There is some broader market uncertainty, and there should be... I think MVIS should be either largely unscathed by this or benefit from it. (Finding an issue with real growth potential in a market of shrinking issues could benefit us.)

 

The basic benchmark (for the time being) is LAZR.

Microvision's LiDAR is better than theirs, so for the LiDAR vertical we should equal or exceed their price.

12,000,000,000 / 155,000 = $77/share for Microvision. (For LIDAR)

I believe Microvision's near eye display is worth at LEAST what the LiDAR is worth.

$77 * 2 = $154 -- that's my target right now. { This isn't including the interactive laser display, display only, or other cool things MicroVision has in their bag of tricks. }

Eventually the LAZR comparison will break down - not sure what the trigger will be (yet)

Once AR gets renewed attention I believe it will effect MVIS at least as much as the attention that LiDAR has received.

This is all my opinion... I'm doing me. You do you.

Keeping it REALLY Simple.

 Benchmark --- LAZR  -- Upstart LiDAR company.

Approximate Valuation: 10 Billion. (MicroVision's LiDAR is better)

At the same value: 10 Billion / 152 Million = $66

I consider the near eye display to be worth MORE than the LiDAR -- it certainly I think will be at least as widely used. Now that we have a value for LiDAR, I'm significantly adjusting my guess on NED -- I'm keeping my guess simple.

Market Fear Of Missing Out (FOMO) is likely more important than fundamentals... And the fundamentals here are REALLY good.

Give it a comparable valuation:

$66 + $66 = $132


Review previous Value Posts

Value LiDAR

The Beats Exercise 

Near Eye Display