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Technology Stocks : NanoTechnology

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From: RikRichter3/17/2005 10:57:06 AM
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SOTK 2.20 latest news about an upcoming deal with PPG Industries should spike the stock significantly when a contract is signed. That article attached below indicates that PPG plans to use SOTK's ultrasonic nozzles in all future glass production lines for stain-resistant glass including 6 in China. PPG sees significant productivity enhancements from SOTK's nozzles. This is just another example of nanotechnology meeting real world applications and is just the tip of the iceberg. SOTK has applications for implantable medical devices coating, drug-eluted stents, food coatings, electronics coatings and glass coatings. PPG's market cap is $12 billion compared to SOTK's $28 million. SOTK has been continuously profitable and it looks like its EPS is about to accelerate as Fortune 500 companies like PPG, Nestles, Boston Scientific, Johnson & Johnson, etc. sign deals.

sono-tek.com
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