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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (17396)11/13/1999 3:27:00 PM
From: Ken W  Read Replies (2) of 29382
 
Sergio,

Something further about NANX that were were discussing.

From their website.
Nanophase also believes that in order to grow the business, the company must be prepared to expand its manufacturing capabilities, implement pilot manufacturing areas, and increase laboratory facilities. Nanophase expects to expand its facilities in the foreseeable future. This plan was discussed during the 1997 IPO process where funds were allocated for future expansion. A portion of the IPO proceeds will continue to be earmarked for this expansion and the funding of ongoing operations when necessary.

The company continues to work with major partners in previously discussed fields of chemical mechanical polishing, CRT coatings and other semiconductor and electronics applications. The supply agreements with Schering-Plough, EKC and Itochu remain in effect. Nanophase also continues to pursue additional development projects in the ceramics field.

They look to be in the right places, just need to execute the plan and tell people about it.

Ken
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