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Technology Stocks : Nanovation Technologies,Inc. -- Ignore unavailable to you. Want to Upgrade?


To: BDR who wrote (72)1/2/2000 10:19:00 AM
From: majaman1978  Respond to of 417
 
Yes, you are correct, I was looking at the $56 million number in the 5th paragraph which this article is referring to:
herald.com
It was not JP Morgan but a group of VC companies.



To: BDR who wrote (72)1/2/2000 7:45:00 PM
From: paulamstutz  Read Replies (1) | Respond to of 417
 
Dale, I've been trying to estimate the potential upside
for STFD. Here is my process, what do you think?

STFD's 9M shares equals 3M share of nano.
These 3M are approx.10% of total nano shares.
The current price of nano is approx. $US40,
when purchased as STFD.
Therefore current market cap of nano is 1.2Billion.
Could nano become a 12B dollar market cap co.?
If so then the potential upside for this unknown
technology is 10X.

A potential 10X gain seems worth the risk we would
assume by purchasing as STFD now. The way technology
is accelerating, we should know in a couple of years
whether this was a good investment or not.

I'd like your thoughts, and you might check my math,
it's not my strong suit.

Regards and thanks, Paul