Vuzix Corporation (VUZI)

[growacet]

Gotta give Vuzix credit....

As a company they're highly accomplished at getting investors excited, and then printng and dumping more and more shares. M100, M300....Blade, they always have a hot new product to flog.

I expect the Blade will be yet another bust, I just wonder how long they can keep it up....the accumulated deficit has to be damn near $100 million now, and the dilution maching just keeps cranking.

When Vuzix finally goes the way of Pets.com Digscents and all those other 'its all about the future' tech blow ups, and imo its strictly a matter of when....the CEO here should have no problem finding work, he could sell sand in the desert...

But then again, he's pulling in a pretty hefty salary....if he's managed his money well he probably will never have to work another day in his life if he chooses. I noticed he didn't risk too much on stock purchases himself....