Here's the CNBC mention today by Joe Kernen:
Now we'll spend some time on this nanophase kind of an interesting story today. this is a recent new issue, came out november 26, 1997, at $8.00 a share up to 10 7/16 today oppenheimer starting coverage with a strong buy in. In a word the company develops a materials that are called nanocrystal lean materials. simply put, these are particles that are 100 nano meters in diameter. What that basically means is 1/10,000 the diameter of a human hair. instead of measuring these particles in terms of millions of atoms, these are actually measured in thousands of atoms. now, what can you do if you can get down to that level, that molecular level? When you're making composite materials out of other base materials like aluminum, iron, titanium and zinc if you're able to put these together by using clusters of a thousand atoms rather than a million atoms can develop all new materials. and these new materials will vary in strength, electrical conductivity, magnetic characters, optical characters and you can change the basically the charactersistics of these composite materials. The uses are wide and varied,believe me. And the company has signed some interesting joint ventures to make semiconductor equipment, to make sive polymers used in oil drilling. It's another one of these situations where we're moving into new technology that could change the way that we do a lot of different things. finally let's just talk about this other one. |
