DD, here's what I like about NANX:
The company has a nice marriage of technology, management and growth prospects that I think will make it, as the company describes, "the world's leader in production and marketing of nanocrystalline materials."
What does this mean? Nanocrystalline materials are ceramic and metallic materials (aluminum, iron, titanium) with particle sizes measured in nanometers. The company has developed proprietary processes to engineer the structure of these materials to enhance the performance of these materials in certain applications. These materials have a variety of applications in the electronics, structural ceramics, catalyst and even cosmetics industries.
Potential markets are huge: electronics alone exceeds $500 million.
The company began shipping product in late 1996; has signed $30 million, five-year contract for semiconductor polishing materials (Moyco). Other customers include Cat, Dow, DuPont, Philips.
The company has great management. Bob Cross, President/CEO, has been with the company for five years, and he restarted AOL after its troubles in the mid-1980s.
TT |
