SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Nanophase Technologies (NANX)
NANX 1.733-1.0%Apr 7 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: WWS who wrote (163)5/4/1998 9:41:00 PM
From: raydit  Read Replies (1) of 322
 
Bill - I have read Value Line Special Situation reports for several years at the library. I feel the service does not deal in stocks of the pump and dump variety, though the companies are generally small and just getting started. Value Line's entry point is usually at a high multiple of earnings or when there are no earnings. Tech stocks mostly, but they cover the waterfront. They expect high growth rates in their 3 to 5 year projection period. However, there can be great volatility when projections are not met due to operating problems, competition, etc.For instance, I bought SDLI which they recommended at 18+; it went to about 28, then reacted to about 12 as there were losses, recently it went back to about 28, and is now about 23; prospects seem bright and a 38% growth rate is expected.I like their analyses.

As to NANX, Value Line's report predicts the stock will go to 46 from the present 7.5 in the 3 to 5 year period, a 610% increase. (Sales of $85 million and earnings of $1.85 per share, up from 1998 sales $6 million and a loss of 15 cents). They say management's goal is to "build a large company very rapidly" - often a recipe for disaster. But I liked the report and took a small position in the shares as a long term investment.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext