MICROVISION, INC. — Director's Dealing 2008

Oct 28, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MICROVISION INC (MVIS)
CIK: 0000065770
Period of Report: 2008-10-16

Reporting Person: HIGHLAND CAPITAL MANAGEMENT LP (10% Owner)
Reporting Person: DONDERO JAMES D (10% Owner)
Reporting Person: Strand Advisors, Inc. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-16	Common Stock, par value $0.001 per share	D	69140	$1.40	Disposed	5295667	Indirect
2008-10-17	Common Stock, par value $0.001 per share	D	260074	$1.41	Disposed	5035593	Indirect
2008-10-20	Common Stock, par value $0.001 per share	D	41462	$1.48	Disposed	4994131	Indirect
2008-10-21	Common Stock, par value $0.001 per share	D	27500	$1.50	Disposed	4966631	Indirect
2008-10-23	Common Stock, par value $0.001 per share	D	744	$1.34	Disposed	4965887	Indirect

Footnotes

F1: This statement is filed by and on behalf of each of the following persons (collectively, the "Reporting Persons"): (i) Highland Capital Management L.P. ("Highland Capital"); (ii) Strand Advisors, Inc. ("Strand"); and (iii) James D. Dondero.

F2: Highland Capital is acting as investment adviser and/or manager to other persons (the "Funds"), it may be deemed to beneficially own shares owned and/or held by and/or for the account of and/or for the benefit of other persons, including the Funds. Strand is the general partner of Highland Capital; it may be deemed to beneficially own shares owned and/or held by and/or for the account of and/or for the benefit of Highland Capital. Mr. Dondero is the President and a director of Strand; he may be deemed to beneficially own shares owned and/or held by and/or for the account of and/or for the benefit of Strand.

F3: Each of the Reporting Persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this statement.

F4: Each of the Reporting Persons may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. Each of the Reporting Persons declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate, or other group for the purpose of acquiring, holding, or disposing of securities of the issuer or otherwise with respect to the issuer or any securities of the issuer or (ii) a member of any group with respect to the issuer or any securities of the issuer.