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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: Sapper MSG who wrote (198)5/29/1998 8:22:00 AM
From: Mark Pritikin  Read Replies (1) of 322
 
<<If the next Q earnings are black, I see..>>

I would be very surprised if next Q earnings are black. NANX is expected to lose approx. 3 to 4 cents per share for the next three quarters for a consensus lost of 17 cents per share for 1998. NANX is expected to be profitable next year. The company has $30M in the bank and won't be in need of capital for several years at its current burn rate; however, they need to increase sales. What is more likely to move the stock at this time would be announcements of new supply agreements rather than earnings surprises.
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