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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: WWS who wrote (161)4/29/1998 8:09:00 PM
From: david wolf  Read Replies (1) of 322
 
<<It could also be insider buying but someone has accumulated a lot of shares on no public news >>

Value Line OTC Special Situation picked up NANX on 4/27/98 ...

" ..... it is opinion that the company has excellent potential over our 3-5 year horizon, and we view this as a buying opportunity. We project that NANX can achieve revenues of $85M and earnings of $1.85/share during our 3-5 projection period. Applying a price earnings multiple of 25 to these earnings implies a potential value of $46 for these shares --- 610% above the current price."
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