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Technology Stocks : NanoTechnology

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To: RikRichter who wrote (446)12/13/2004 8:33:30 PM
From: RikRichter  Read Replies (1) of 720
 
SOTK 2.27: I received from my broker a mailing today with a cover letter from the CEO, the Q2 news release and an article from the "Southern Ulster Times" dated October 27, 2004 entitled "Milton Boasts High-Tech Company".

The cover letter points out that SOTK is experiencing "significant growth in the new markets we are pursuing". The Times article gave a terrific overview of the uses of the company's technology from their original purpose in the area of electronic circuit boards to new uses for drug-eluted cardiac stents, waterproofing sealant on clothing, protective coating on glass and even coating Nestle's food products to keep their uniformity and consistency.

I particularly liked reading that SOTK's "team of engineers test new innovations daily" and the fact that the CEO spent 30 years with GE who has a doctorate in mechanical engineering.

How much longer can SOTK's market remain at this microcap level? They have the earnings growth, proprietary IP, innovative management and rising backlog to support a much higher stock price IMO.
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