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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: raydit who wrote (216)9/18/1998 11:02:00 AM
From: HVN  Read Replies (1) of 322
 
Here's the scoop on TiOxide as a sunscreen - it's found to be more effective than ZnOxide as a sunscreen blocker. If memory serves me right, TiOxide is the ONLY FDA approved, non-chemical sunscreen blocker. i.e., ZiO2 is not considered a suitable physical sunscreen blocker. Now, most of the TiO2 used in sunscreen blockers is produced chemically in Europe and Japan/Korea. However, they leave a white color on your skin when sunscreen lotions formulated with these chemicals are applied. Due to NANX's physically produced shperoidal shaped particles, it has been found that in certain formulations it does not leave a white color when applied to the skin. The problem? NANX's product is about 10 times more expensive than the stuff available form overseas. So, as somone else here mentioned, you're not going to find it in coppertone. I believe it's in the Estee Lauder product. And from what I hear, that product is selling well (though I haven't seen EL promote the "colorless' virtues of the product. Go figure!

I guess what worries me at this stage is the large amount of selling by Parker (is he leaving/has he left?) who basically invented the way the products are manufactured, and he's been selling at relative rock bottom prices and he holds only 20K more shares. Anyone have any idea how many options he has left?
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