Skip to main content
MDB Capital Initiates Coverage of MVIS with Buy
MDB Capital Initiates Coverage of MVIS with BuyMDB Capital initiates coverage on Microvision Inc. (Nasdaq: MVIS) with a Buy rating and $6 price target. The firm said, "Microvision, Inc. (MVIS) has undertaken a protracted campaign to bring laser-based, scanned-beam displays to market (in a micro form factor) using its single-mirror, micro-electro mechanical systems (MEMS) expertise as a key differentiator. Now with a dynamic new management team and a focused operating strategy, built around the world's smallest scanned-beam photonics engine, the company seems poised for exciting growth."
This blog is the author's personal website. It is not affiliated with MicroVision, Inc. or any company. This website does not recommend the purchase or sale of any stocks, options, bonds or any investment of any kind. This website does not provide investment advice. Disclaimer and Notices: Disclaimer: This website may contain "forward-looking" information including statements concerning the company's outlook for the future, as well as other statements of beliefs, future plans and strategies or anticipated events, and similar expressions concerning matters that are not historical facts. The forward-looking information and statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, the statements. The information on this website includes forward looking statements, including statements regarding projections of future operations, product applications, development and production, future benefits of contractual arrangements, growth in demand, as well as statements containing words like believe, estimate, expect, anticipate, target, plan, will, could, would, and other similar expressions. These statements are not guarantees of future performance. Actual results could differ materially from the results implied or expressed in the forward looking statement. Additional information concerning factors that could cause actual results to differ materially from those in the forward looking statements are included in MVIS most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission under the heading 'Risk factors related to the company's business,' and our other reports filed with the Comission from time to time. Except as expressly required by Federal securities laws, MVIS Blog undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events, changes in circumstances, or other reasons. Legal Notice: Although considerable care has been taken in preparing and maintaining the information and material contained on this website, MVIS Blog makes no representation nor gives any warranty as to the currency, completeness, accuracy or correctness of any of the elements contained herein. Facts and information contained in the website are believed to be accurate at the time of posting. However, information may be superseded by subsequent disclosure, and changes may be made at any time without prior notice. MVIS Blog shall not be responsible for, or liable in respect of, any damage, direct or indirect, or of any nature whatsoever, resulting from the use of the information contained herein. While the information contained herein has been obtained from sources believed to be reliable, its accuracy and completeness cannot be guaranteed. MVIS Blog has not independently verified the facts, assumptions, and estimates contained on this website. Accordingly, no representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, or completeness of the information and opinions contained on this website. Consequently, MVIS Blog assumes no liability for the accompanying information, which is being provided to you solely for evaluation and general information. This website does not contain inside information, proprietary or confidential information learned or disclosed as part of employment relationships or under nondisclosure agreements or otherwise.
Hello Ben,
ReplyDeleteIsn't MDB the guys who did your last placement?
If so, can they be considered objective?
Another question: What is the significance of the CES?
I am assuming that you already are in contact
with, and making demos to potential customers.
-Howard O.
Hi Howard,
ReplyDeleteMDB was the underwriter for our 2006 financings. I would suggest that you read the report and evaluate it on its own merits. The disclaimer at the end of the research report states the following:
ANALYST CERTIFICATION
The analyst(s) whose name(s) appears with an * on the front page of this report certifies that the views expressed herein accurately reflect the analyst's personal views as to the subject securities and issuers, and further certifies that no part of such analyst's compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views expressed by the analyst in the report.
The closing price listed on page one is the closing price as of the last business day immediately prior to the date of this publication.
The analyst(s) responsible for this research report has received and is eligible to receive compensation, including bonus compensation, based on MDB Capital Group LLC’s (“MDB”) overall operating revenues, including revenues generated by MDB’s investment banking department. Our brokers and analysts may make recommendations to their clients and our affiliates may make investment decisions that are contrary to the recommendations contained in a research report. Such recommendations or investment decisions would be based on the particular investment strategies, risk tolerances and other investment factors particular to a client or an affiliate. In the normal course of its business, MDB seeks to perform investment banking and other services for various companies and to receive compensation in connection with such services. As such, investors should assume that MDB intends to seek investment banking or other business relationships with the companies. Additional information on the securities mentioned in this report is available upon request. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Because of individual client objectives, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. The report is not to be construed as an offer or the solicitation of an offer to buy or sell the securities herein mentioned. From time to time, MDB, its affiliated entities and their respective directors, officers, employees or members of their immediate families may have a long or short position in the securities mentioned in this report. These securities may be sold to or purchased from customers or others by MDB acting as principal or agent. MDB does not make a market in this stock. MDB managed public offerings of MVIS securities in May 2006 and November 2006 and received compensation from MVIS in relation to those transactions.
======
Re: CES, this will be the first time that our newest ultra-small IPM design will be publicly displayed.