One more thing about MVIS Blog Person of the Month 6/04

on June 25, 2004

Steven S. Wymer's Fidelity Growth Company Fund (FDGRX) has $23.77B asset value. This is 129 times the total value of MVIS if my math is OK. Huge.

He spent roughly $10 Million to acquire the #1 stake in the company over the last six months. FMR Corp's stake is, as of this moment, 1,263,000 shares. 1,088,000 of these MVIS shares belong to FDGRX. (Scroll to bottom of page)

He spent $10 Million and didn't bat an eyelash. There's no reason he couldn't spend another $10 or $20 Million whenever he feels like it. He is a star fund manager and the biggest owner of Microvision there is.

My bet is, he feels pretty good about Microvision's sales prospects for Nomad and Flic or he wouldn't have spent all that money to invest in the company.

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One more thing about MVIS Blog Person of the Month 6/04

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