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

To: WWS who wrote (212)	7/28/1998 3:08:00 AM
From: Sid Turtlman	Read Replies (1) \| Respond to of 322

bill: Well, there is no point in my being here if all I do is spout misinformation. No, don't own any, but on the surface it looks cheap relative to its potential, given that it is not selling at a huge premium over its cash per share. Of course, until it turns profitable, that cash will diminish. Development stage companies always have great potential--it is turning that into commercial reality that is the question. Also, since NANX has been a disaster for anyone who bought any, I would guess that we should see plenty of tax loss selling starting in September, so there is probably no rush to buy. If it gets much cheaper I'll probably buy some and take my chances on commercialization.