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


To: Mark Pritikin who wrote (46)1/6/1998 8:43:00 AM
From: DLS  Read Replies (1) | Respond to of 322
 
Joe Kernan (CNBC) said this morning that he is no longer going to mention the names of companies with promising technology so people don't blindly rush out and bid the stock up 5 points. (obvious reference to NANX). This is of course what happened to NANX within 30 minutes of his mention a couple of weeks ago. Mark Haines (CNBC) responded by saying that if people want to blindly rush out and by a stock without investigating the fundamentals, it is not CNBCs fault.

Also I don't doubt that NANX has some big name investors but I do doubt that they paid more than $10 for it. Also with a 12 month price target of $15 how much is it worth today (I say around 11.5)