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Vuzix conference call ?3
09:48 17-May-22
Vuzix has scheduled a conference call after market close tomorrow to discuss "a new major corporate development". I will listen to the call and probably report on it. However, I'm not chasing VUZI, which has bounced 9% so far. Rising domestic industrial production could lead an acquirer such as Meta to go out on a limb, but bad pricing and shareholder policies outweigh good technology for me. Furthermore, the economic environment that I've just commented on is NOT conducive to consumer adoption of augmented reality. Even the White House is waking up to that, by suggesting that Europe implement tariffs on Russian oil rather than banning it outright.