Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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) -- Ignore unavailable to you. Want to Upgrade?

To: larry who wrote (6)	12/27/1997 12:58:00 AM
From: LPasko	Read Replies (2) \| Respond to of 322

Several items should be taken into account before we all go gaga over this new stock. First, Oppenheimer which has initiated favorable coverage was one of three underwriters of this month's IPO of Nanophase. Oppenheimer may be 100 % correct in its analysis, but this still must be considered. Second, the Prospectus says that 70 % of the Company's sales are to one company--Moyco. I'm not exactly sure how substantial a company Moyco is, and the Prospectus describes some events I can't completely analyze regarding Moyco (some litigation, a technology sharing deal with Ashland, etc). Nonetheless, the Company is intriguing, and a pull back next week may create a buying opportunity. Should this company announce additional contracts and report a profit next year (does Oppenheimer project this?), there could certainly be a big run up.