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May 23rd, 2004
Going Public Without Profits or a Product? Yes, in 2004
Any suggestion of profitless, no-product companies with ambitious dreams might sound like "Son of Dot-com" to investors who were burned when the Internet bubble burst. Yet a few companies in nanotechnology are confident they can offer just that - big promises and no proof of earnings - to investors hungry for a stake in a hot new sector.
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