Microvision Inc (MVIS)

[gnillish_00]

Based on the information we have, I don't think a $2b valuation is unreasonable at this point based on where they are at in the product cycle and the projected market size. As they book orders and revenue from their automotive lidar line, I would expect valuation to move up accordingly and don't think $3-3.5b valuation end of year or early next year would be unrealistic based on expected business.

The fact we see strong institutional buying in the low to mid $10 range suggests they also believe the current value to be around that mark as well with potential to grow.