MVIS - Sector: Technology --- Industry: Scientific & Technical Instr.

[setravis]

Looks like a nice small possible Double Bottom (Reversal) Pattern.
Wanting to Breakout above the reaction high in the pattern.


Technicals
Percentage Gainer

Last Price Quote is:
9.79%above 13-day EMA
-9.68%below 50-day EMA
RS Rating: 4  

Fundamentals
Key Data:
Market Cap (M): $80.17  
P/E Ratio: NA  
PEG Ratio: N/A  
Next Earnings: 03/14/2006
Last Analyst Rating: Hold

[setravis]

Profile Get Profile for: 

Microvision Inc.
19910 North Creek Parkway
Bothell, WA 98011-3008
Phone: 425-415-6847
Fax: 425-415-6600
Web Site: http://www.mvis.com

DETAILS   
Index Membership: N/A
Sector: Technology
Industry: Diversified Electronics
Full Time Employees: 166


BUSINESS SUMMARY   
Microvision, Inc. engages in the design and marketing of information display and image capture products. The company offers scanning systems and related technologies that enable personal and projection displays, and image capture products. It primarily offers Nomad Expert Technician System, a wireless and wearable computer with a head-worn see-through display; and prototype color scanned beam displays, including hand-held, head-worn, and projection versions, as well as provides Flic laser bar code scanner. In addition, Microvision develops prototype automotive head-up displays, electronic view finders, and image capture products. The company distributes products through its own sales force, independent manufacturers' representatives, and original equipment manufacturers in the United States; and through independent manufacturer's representatives in Europe and Asia. It serves a range of industries, including military, medical, industrial, professional, and consumer industries. The company was founded in 1993 and is headquartered in Bothell, Washington.


Headline News Link......http://finance.yahoo.com/q/h?s=MVIS

[setravis]

I thought I had seen this pick.....It is in the Stock Picking Contest,
     Held By                         Today           Net Gain
#4 kuepper (*) MVIS          +13.12%       9.70%

[dez]

Setravis: 

This has peaked my interest enough to take a position this afternoon.  Here it is, a slow week with many MM's gone for the holiday.  In addition the market mood is negative and this issue has been in a downtrend, oversold with poor volume .... and now this.  A spike in volume on no news, on the last trading day of the year.  If not the MM's then who is providing the volume?  And of course why?  A new order, a new infusion of capital, a new product, a new change in management? It certainly is an interesting speculation.  Interesting enough for me to take a position and wait around for the first week of the new year for some follow thru.  We just came thru a 23,000 share sell order at 3:10 pm only to recover in less than 20 minutes to the 3.60 level.  Yes very curious indeed.  Thanks for catching this one Setravis and by all means enjoy the New Year celebration.

[owen654321]

This is one theory I came up with...  NOTE: (1) ~15% of float was sold short as of November 10th.  (2) They issued new shares and warrants on December 1st.  (3) The float is fairly small.

If I were a big investor I know I will have some amount of new shares and warrants to get more at a certain price.  I could sell short a bunch of the shares leading up to the placement, driving the stock price down significantly (remember, low float).  I am now sitting on cash from short-selling ... oh, let's say 200,000 shares at around $5.00+/share.  Because the stock price is now way down, I get MORE shares for my money (average cost of shares = $3.94).  This happens because the warrant conversion price and stock purchase price is usually based on the average stock price over a given period (and I have lowered that average stock price by selling short).  So now I own a bunch of shares at $3.94 each.

At some point I need to cover my short, so I use 200,000 of those new shares I have to cover.  Who cares if the stock is up at $10... I really only paid $3.94 for those shares!  So I've made $5 - $3.94 = $1.06 per share... a cool $200,000 profit.  Plus, I now am sitting on a bunch more shares at a cost of $3.94 each.

Lemme see....
1. If the stock price is now $10, I've made a profit of $6.06 per share... about 54%... not bad.  Plus I've LOCKED IN the $1.06 per share profit (+27%) I made from selling short those shares at ~$5 in the bank since October (that I bought for $3.94).  That money has been in the bank since October as well   Not bad.

2. The investors probably know the company is worth at least as much as it was when they started short-selling shares

3. BUT... let's say I didn't take this short-selling strategy.  I would own FEWER shares at a price of $6/share.

Let me see.... immediate 27% return with money in the bank (pre-investment) and a bunch of shares at $3.94 each.... versus owning FEWER shares at $6 each... hmmmmmmmmm 

[setravis]

Went into that extended downtrend,
Seem to have lost track of this stock.
But look at her now !
Moving with outstanding volume.
Interesting little technology shop based in Redmond ,Washington.
Worth a shot ! Volume is building, at this level could be only a day or so and this will be a buy.

Support @ $1.99...1.88...1.65
Resistance @ $4.00...4.19...4.25

52wk Range: 1.16 - 5.72
Volume: 1,286,210
Avg Vol (3m): 275,491

Technicals
MACD is Bullish
Stochastic is Bullish
Percentage Gainer

Last Price Quote is:
28.76%above 13-day MA
34.19%above 50-day MA
RS Rating: 85 

Fundamentals
Key Data:
Market Cap (M): $55.69 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Hold

Below a 6 month and 3 year chart

[setravis]

REDMOND, Wash., Oct 18, 2006 (BUSINESS WIRE) -- Microvision, Inc., (MVIS, Trade), the world leader in the development of scanned beam high-resolution displays and imaging systems, announced today the release of a new bar code software product for the family of Flic Laser Bar Code Scanners. The newest product release is Microvision eCell for BlackBerry. With a Flic Cordless Scanner, users can easily scan and capture bar code data into an eCell worksheet on their BlackBerry and then wirelessly send the file in real time to other personnel and systems. Typical applications for the product include: inventory, asset tracking, inspections, surveys, logs, field service, sales and job tracking.

Microvision's eCell for BlackBerry is available immediately online at www.flicscanner.com/landing/ecell. The product is also planned to be distributed through Microvision's growing network of mobile operators and wireless dealers.

"With this new product for the Flic Bar Code Scanner product line, we are providing a valuable solution to businesses of all sizes that rely on paper or spreadsheet based processes to track assets, take inventory, record activities, and more," stated Ian Brown, Vice President of Sales and Marketing at Microvision. "With Microvision eCell for BlackBerry, spreadsheets can now be extended to the BlackBerry and made more useful through bar code data input. The central office no longer has to wait to act on important and timely information brought in by field personnel on handwritten forms or disconnected devices. Microvision eCell for BlackBerry provides a complete mobile data capture solution. There is no programming required, and it is easy for any user with a BlackBerry device to get started and satisfy their portable office demands."

About Microvision

Headquartered in Redmond, WA, Microvision, Inc. is the world leader in the development of high-resolution displays and imaging systems based on the company's proprietary silicon micro-mirror technology. The company's technology enables solutions and products in a broad range of industrial, consumer, military, and medical applications. For more information about bar code products, please visit www.flicscanner.com. For more information about Microvision's display capabilities, please visit www.microvision.com.

Forward-Looking Statements

Certain statements contained in this release relating to product applications are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the company's forward-looking statements include the following: our ability to obtain financing; success of executive transition; market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards and to develop partnership opportunities; the timing of commercial product launches; the ability to achieve key technical milestones in key products; and other risk factors identified from time to time in the company's SEC reports, including in its Annual Report on Form 10-K, as may be amended, and its Quarterly Reports on Form 10-Q.

SOURCE: Microvision, Inc.


Microvision, Inc. 
Matt Nichols (media), 425-882-6657 
Jeff Wilson (investors), 425-882-6625 

Copyright Business Wire 2006 ********************************************************************** As of Saturday, 10-14-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-12-2006 for MVIS @ $3.24. For more information on Comtex SmarTrend? Alert, contact your market data provider or go to CSTADirect.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright ? 2004-2006 Comtex News Network, Inc. All rights reserved.

[setravis]

Press Release Source: Microvision Inc.


Microvision Enters Into Joint Development Agreement with Major Asian Consumer Electronics Manufacturer
Thursday November 2, 9:00 am ET 
Agreement Targets Development of High-Volume Design for Manufacturing of Microvision Proprietary Display Technology for Consumer Electronics and Automotive Applications


REDMOND, Wash.--(BUSINESS WIRE)--Microvision (Nasdaq:MVIS - News), the global leader in light scanning technologies for display and imaging products, announced today that it has entered into a joint development agreement with a major Asian consumer electronics manufacturer. The agreement focuses on development of high-volume design for manufacturing of Microvision's proprietary Integrated Photonics Module (IPM(TM)), a tiny display engine suitable for a variety of display applications, including ultra-miniature laser projectors for mobile phones.


Under the agreement, the parties will cooperate to optimize Microvision's IPM designs for high-volume manufacturing and may engage in marketing and product development discussions with prospective OEM customers. For confidentiality reasons, the name of the Asian manufacturer and other terms of the agreement were withheld. Potential applications for the IPM platform include ultra-miniature laser projectors for embedded or accessory solutions for mobile phones, personal media players, laptops and DVD players. Additional applications include lightweight color eyewear and heads-up displays for automobiles and airplanes. Target customers are major consumer electronics OEMs and large tier 1 automotive integrators.

"This agreement marks an important milestone on our roadmap to the commercialization of high-volume products based on the company's new proprietary IPM architecture," said Alexander Tokman, President and CEO of Microvision. "We are extremely pleased to be working closely with one of the world's leading developers and manufacturers of consumer electronics and commercial equipment and a company with a truly global reach. To execute on our plan to bring the IPM to market with the right performance, quality and cost in products such as an embedded or accessory ultra-miniature laser projector (PicoP(TM)) and automotive heads-up display, it is critically important for us to align ourselves with one or more proven, strategic manufacturing partners.

"We anticipate that our efforts with this world-leading consumer electronics partner will accelerate our time-to-market, and provide the potential for establishing the global capacity we require to serve large commercial markets with our IPM platform technology."

About Microvision (www.microvision.com)

Headquartered in Redmond, Wash., Microvision Inc. is the world leader in the development of high-resolution displays and imaging systems based on the company's proprietary silicon micro-mirror technology. The company's technology has applications in a broad range of consumer, medical, industrial, professional and military products.

Forward-Looking Statement

Certain statements contained in this release, including those relating to plans for product development and production volume, and future commercial arrangements as well as statements containing words like "believes," "expects," "anticipates," "target," "plans," "will", "could" and other similar expressions, are forward-looking statements that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from those projected in the company's forward-looking statements include the following: the risk that we will not achieve the expected goals of our development agreement, our ability to raise additional capital when needed; risks related to Lumera's business and the market for its equity, market acceptance of our technologies and products; our financial and technical resources relative to those of our competitors; our ability to keep up with rapid technological change; our dependence on the defense industry and a limited number of government development contracts; government regulation of our technologies; our ability to enforce our intellectual property rights and protect our proprietary technologies; the ability to obtain additional contract awards; the timing of commercial product launches and delays in product development; the ability to achieve key technical milestones in key products; dependence on third parties to develop, manufacture, sell and market our products; potential product liability claims and other risk factors identified from time to time in the company's SEC reports, including the Company's Annual Report on Form 10-K filed with the SEC. Except as expressly required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changes in circumstances or any other reason.

Contact:
Microvision Inc.
Jeff Wilson (investors), 425-882-6625
Matt Nichols (media), 425-882-6657

--------------------------------------------------------------------------------
Source: Microvision Inc.

[setravis]

• Q3 2006 Microvision, Inc. Earnings Release - After Market Close

Microvision, Inc. Earnings Conference Call (Q3 2006)
Scheduled to start Thu, Nov 2, 2006, 4:30 pm Eastern

Link........  http://biz.yahoo.com/cc/8/74848.html




AP
Volume Spikes: MEMY LFUS DRRA MVIS
Thursday November 2, 3:03 pm ET 
Memory Pharmaceuticals, Littelfuse, Dura Automotive and Microvision Trade Heavily


NEW YORK (AP) -- The following companies saw unusually heavy trading volume Thursday on the Nasdaq around 3 p.m. Higher-than-normal volume can indicate increased activity by institutions such as mutual funds and insurance companies. Upward stock movement on such volume can show increased confidence among investors, while selling can signal further downward pressure on a stock.


Memory Pharmaceuticals Corp., which develops drugs to treat memory and cognitive problems, saw trading surge to 1.7 million shares from an average daily volume of 410,000.

The company wants to issue 5 million shares to certain institutional investors at $1.11 each, it said in a filing with the Securities and Exchange Commission. The plan requires approval from shareholders.

Shares added 21 cents, or 9.2 percent, to $2.38.

Fuse maker Littelfuse Inc. saw its trading volume surge after issuing disappointing guidance, blaming seasonality, inventory corrections, acquisition integration and manufacturing transitions. But the company also said third-quarter profit doubled due to higher revenue.

Trading volume surged to 1.2 million shares from an usual average of 192,000 shares, while the stock lost $3.30, or 10.1 percent, to trade at $29.26.

Dura Automotive Systems Inc., maker of driver control systems, saw its trading volume increase more than 6 times to 2.9 million shares. Late Tuesday the company said it received court approval of certain bankruptcy motions. The Nasdaq plans to delist the stock Nov. 8.

Shares lost 2 cents, or 3.8 percent, to 45 cents in afternoon trading.

Microvision Inc., a maker of tiny imaging and display systems, traded unusually heavily after the company said it will partner with an unnamed major Asian consumer electronics manufacturer to develop a high-volume manufacturing design for one of its display engine products. The product can be used in mobile phones, the company said.

More than 2.3 million shares changed hands, compared with usual average volume of 370,000 shares, and added 53 cents, or 25.2 percent, to trade at $2.63.

[setravis]

Volume is building at this level......
This is a Major Holder of LMRA, 1,750,000 holding as of 10-17-06
Check out LMRA chart....

Support @ $2.20...1.99...1.88
Resistance @ $3.08

52wk Range: 1.16 - 5.19
Volume: 2,863,545.................
Avg Vol (3m): 324,183

Technicals
MACD is Bullish
Gap Up
Percentage Gainer

Last Price Quote is:
38.64%above 13-day MA
57.43%above 50-day MA
RS Rating: 96 

Fundamentals
Reports Earnings
Earnings Expected on Nov 2

Key Data:
Market Cap (M): $55.69 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Hold

[setravis]

Getting a lot of attention.....
They have some interesting tech and recent news implies, "potential" !

Recent CandleStick Analysis
Bullish
Nov-06-2006 Bullish Engulfing 

Support @ $2.98...2.30...2.15
Resistance @ $4.00...4.25

52wk Range: 1.16 - 4.90
Volume: 2,874,075............
Avg Vol (3m): 412,151

Technicals
MACD is Bullish
Record Volume
Percentage Gainer

Last Price Quote is:
41.04%above 13-day MA
75.54%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $55.69 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Hold

[setravis]

Microvision Higher On Greater Backlog of Development Contracts
Has continued to jump higher. The move higher today, however, is attributed to the backlog of development contracts that was announced in the latest 10Q.
 
The backlog of development contracts as of September 30, 2006 was $6.8 million compared to $4.6 million at September 30, 2005. Of the current development contract backlog, $5.3 million is scheduled for completion during the next twelve months. The remaining $1.5 million is scheduled for completion over the subsequent five months, through February 2008.

Last week, the company entered into a join development agreement with an Asian consumer electronics manufacturer. However, the name of the Asian manufacturer and other terms of the deal were withheld due to confidentiality reasons.

52wk Range: 1.16 - 4.54
Volume: 1,007,256
Avg Vol (3m): 494,794

Technicals
Percentage Gainer

Last Price Quote is:
10.64%above 13-day MA
42.50%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $55.69 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Hold

[setravis]

The wheels are turning, Do you think ?
Let me ask for you opinion...... 

Recent CandleStick Analysis
Very Bullish
Dec-05-2006 Bullish Engulfing 
I think the steam is building !..........

Support @ $2.58...2.33...2.18
Resistance @ $3.42

Technicals
MACD is Bullish
Stochastic is Bullish
Last Price Quote is:
1.70%above 13-day MA
15.51%above 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $55.69 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Hold

[AussieTrader]

Hey Setravis, only just realised you have an MVIS thread on the go, great stuff. I won't start a new one 

I entered MVIS today $2.75. I am trading MVIS using my STEPS rules. http://www.3stocksonfire.org/trading/index.php?topic=7595.0

[Dory99]

Aussie,

Great Pick! I entered this morning at $2.73 / share.. never expected such a rapid rise.. did see that MDB Capital initiated this am with a $6 target if the company can demonstrate shortly an OPERABLE IPM design in the new micro-form factor.

Dory99