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


To: Jags who wrote (45)1/6/1998 12:07:00 AM
From: Mark Pritikin  Read Replies (1) | Respond to of 322
 
<<THis stock market cap to revenues ratio is unimaginable>>

Agreed. However, I shorted Yahoo at 49 based on similar logic. Fortunately, I immediately cut loss at 50 1/8 as it split 3 for 2 and then rose to 70 for a "pre-split" price over 100! (all in the last several months). NANX is trading based on expected revenues. The Phillips deal (min $2.7M/year) and CEM deal ($30M over 5 years) are good confirmations of the technology. Clearly, the market expects more contracts and hopefully NANX can deliver for investors.

Those on this board that are blindly shorting this company should read the prospectus/sec filings with respect to target customers, management team, and well connected insiders such as the founders of U.S. Robotics and America Online.