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Technology Stocks : Nanophase Technologies (NANX)
NANX 1.733-1.0%Apr 7 5:00 PM EST

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To: dave katragadda who wrote (9)12/27/1997 9:06:00 AM
From: WWS   of 322
 
Dave, you may well be correct about shorting NANX short term, but their technology is a core technology for the next century. While MOYCO (slurry maker for chip builders) has been flaky, there are many other apps that NANX is just beginning to tap (example, nanoparticle titanium dioxide sun blockers). Harris and Harris (HHGP) is a venture capital operation, not simply an investment operation. While they'll pull out their stake this coming year, they just bought some more NANX on open market about two weeks ago, so I'd guess that they'll hold on a bit longer. My guess is that we'll see a price hit when the insider restricted stock becomes free trading early next year. Bill.
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