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Last week, Texas Instruments (TXN) and Optoma unveiled their pico projector at the InfoComm show. While to many not familiar with ‘pico projection’ this appeared to be an innovative new product, however to investors of Microvision (MVIS), this is the Death Star.

Microvision is a $200 million market cap company that has posted less than $16 million in sales in each of the past 10 years. In 2007, sales were only $10.5 million and EBIT was a negative $27 million, which was an improvement from 2006s $7 million in sales and a negative $29 million EBIT.

MVIS has a wonder tech portfolio.  Head's Up Displays (HUD) for automotive.  Portable bar code readers.  And its must amazing product line:  the PICOP miniature projector that will soon be embedded in Motorola phones and others (as well as a standalone). Visit http://mvis.com for details of this amazing company with the next generation solutions. 

From a chartist perspective, MVIS seems to have put in a firm bottom around $4.50 and looks set to test a channel between the mid $4.60s and $4.80.  Once MVIS firms near $4.8 and closes above that number with conviction, it would seem a

Microvision's PicoP can change the game (from the StockMasters)

The technology is amazing, as shown by this savvy group of Saved by the Bell teens. Microvision's "PicoP" technology allows their ultra-thin, miniature full-color projection display to be embedded in portable hand-held devices (including cellular phones). Just look how silly and fun it is to shine an image on someone's back! I'm sure the marketing department had a field day selecting the proper teens and entire setup of "Life in a High School hallway" backdrop for these promos. Just look at these kids getting along and having