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Technology Stocks : Nanophase Technologies (NANX) -- Ignore unavailable to you. Want to Upgrade?


To: dave katragadda who wrote (9)12/27/1997 9:06:00 AM
From: WWS  Respond to of 322
 
Dave, you may well be correct about shorting NANX short term, but their technology is a core technology for the next century. While MOYCO (slurry maker for chip builders) has been flaky, there are many other apps that NANX is just beginning to tap (example, nanoparticle titanium dioxide sun blockers). Harris and Harris (HHGP) is a venture capital operation, not simply an investment operation. While they'll pull out their stake this coming year, they just bought some more NANX on open market about two weeks ago, so I'd guess that they'll hold on a bit longer. My guess is that we'll see a price hit when the insider restricted stock becomes free trading early next year. Bill.



To: dave katragadda who wrote (9)12/27/1997 2:21:00 PM
From: larry  Read Replies (1) | Respond to of 322
 
From technical point, if NANX gap opens on Monday but traded in a down trend within the first 20 to 30 minutes, you are guaranteed to make moeny by short.

good luck,
larry



To: dave katragadda who wrote (9)12/27/1997 7:19:00 PM
From: Feraldo  Respond to of 322
 
On the contrarty, I know of several people who still own CSCO from when they came public. Many people buy an IPO, because they know what it can do. Not to sell it at the first small profit.



To: dave katragadda who wrote (9)12/27/1997 7:34:00 PM
From: Saulamanca  Respond to of 322
 
Furman Selz, one of the underwriters, has a 12-month price target of $12 a share.
Stockholders prior to the IPO have their shares locked up for 180 days from the date of the IPO. Harris & Harris Group won't be able to sell unless DLJ grants an early waiver of the lockup period.

Jim