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DanM51

05/09/24 7:14 PM

#189628 RE: LightwaveLong #189626

The only real difference, so far?, is the cash burn...both did have a brief moment in time of bull market exuberance when shares surged high. 1 million in earnings and 20+ million in losses is pretty funny. I'm sure some here touted mvis at one time.
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DanM51

05/09/24 7:30 PM

#189629 RE: LightwaveLong #189626

Also funny--Blackrock, vanguard, state street and Geode are the top tute owners of mvis. JUST LIKE LWLG. Mvis also has tute ownership in the upper 20s percent. JUST LIKE LWLG. Index funds. I wonder if mvis' shorts will be able to cover with all the volume to the downside tomorrow?
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frobinso

05/10/24 9:12 AM

#189676 RE: LightwaveLong #189626

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frobinso

05/10/24 9:15 AM

#189678 RE: LightwaveLong #189626

MVIS IS not currently working with LPC. There are some key differences. One is that their CEO does not have the credentials in the industry as compared to Dr. Lebby. MVIS has quite a bit of competition, but would fill out a spider chart in a superior way although competition is closing in.
Also very notable is the demand for the bandwidth, size and power savings for LWLG solutions are in high demand the world over. Lidar timeline will take longer to evolve and is also tied to legislation and governing bodies. They are not apples to apples in my view.
Over time I have reduced my holdings in MVIS by almost 2/3rds, creating a basket of AI stocks with those funds, yet I am still accumulating LWLG. LWLG does need to execute, and not miss commercialization cycles. Same with MVIS, so some similarities. MVIS took a hit this earnings call, and their RFQs were reduced from 9 to 7 based on low volume deals offered by the two that did not advance. LWLG is working with multiple tier one's, and similarly targeting the approach that will provide mass commercialization in volume. In this respect - both will still be huge winners if and when they land a tier one. Microvision's solution will require a higher capital structure than LWLG once a deal is inked.