Unloved Stocks Ready to Shine
By Rich Duprey November 2, 2007
Microvision under the microscope
Miniature-display manufacturer Microvision thinks it can win big by working small. It sells barcode scanners, but its more exciting technology is its PicoP display platform, for which it recently said it signed a major contract with Motorola (NYSE: MOT). That's the sort of deal that attracts even top CAPS investors like TMFBreakerDave, the Fool's own David Gardner. Even so, he offers words of caution potential investors would do well to heed:
One to watch, anyway. A very small company, and an unproven management team. The PicoP looks handy and they have inked a deal with Motorola. Losing money still, loss narrowing with tonight's [8/1/07] earnings (I mean, loss) report. The stock should move up with more acceptance of its products -- that's the big question mark, here. Please don't buy this stock based on my pitch -- this is mostly just a flyer for me, barely researched. More of a "I think this stock could do well" with a better than average probability, but it's such a tiny company it could get squished. Outperform.
Still, it narrowed losses again, beating analyst expectations of an $0.11-per-share loss by $0.03 while essentially matching revenue estimates. A just-announced deal with an unnamed Asian consumer products maker -- what Microvision calls "one of the world's largest consumer electronics manufacturers of mobile phones, digital cameras and personal media players" -- might indeed make this one to watch, as David suggests.
http://www.fool.com/investing/value/2007/11/02/unloved-stocks-ready-to-shine.aspx