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Technology Stocks : Vuzix Corporation-VUZI-A Visionary Pick?
VUZI 5.95-11.9%11:28 AM ESTNews

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To: The Ox who wrote (139)8/3/2017 12:08:29 PM
From: richardred1 Recommendation

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The Ox

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I agree on all points Ox. One thing I've noticed. Some of the biggies have decided to go after the enterprise space now. This is a space Vuzix (Via Paul Travers)decided to concentrate early on with AR technology. IMO it's still early to be gauging sales growth, let alone earnings yet in this space. This because many of the big enterprise companies are still in the testing phase. Some of the downfalls Vuzix does have IMO. It doesn't have brand recognition yet. This compered to a Google, Microsoft,Apple, or Facebook (Oculus). Another, without a deep pocketed partner or parent. It doesn't have enough scalability yet. What it does have, IMO is a head start in the enterprise AR space. It also has glasses that are fashionable. It's also has some development products that are attractive. Last point FWIW, from my AR/VR mouth. It has a committed CEO in Travers.




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