Replies to post #3508 on Vuzix Corporation (VUZI)

[Dano10]

Good post L1.

The work and progress at Vuzix is very exciting to me. We have been watching the approach of AR for a very long time, and the capability and usefulness is finally coming to the awareness of the masses.

It is interesting how something that will "turn the world on it's head" such as AR (and in particular smart glasses) is strongly resisted by so many people.

Investing in the companies that are successful with VR has tremendous financial potential for those of us who are not attempting to build our own company as Paul is. I am very proud of him and how he is going about building the company!

Good luck to you in Germany, and give a high five to the folks at Ubimax for me!

[growacet]

Its a lot like Nortel years back...

Investors fell in love with the tech and the applications that Nortel was developing....it was very exciting. But finance doesn't exist in a VR or AR bubble....eventually a company has to make money, if the only thing sustaining operations are the printing and selling of shares, then eventually the house of cards collapses. VUZI, like Nortel before...they've been very successful in attracting investors and getting them to hand over $$$ for shares.

I know that Nortel bears were trashed for having a lack of vision, for not seeing the future....but the bears won in the end because of simple dollars and cents. Hopefully things work out better for longs here....the way the company is performing on bottom line results for 20+ years, it doesn't look good....but maybe I just lack vision about the future.