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October 24th, 2006
Investing in nanotechnology
Jeff Clark: ...let's face it, just like most companies that got sucked up in the Internet bubble in 1999 and most gold miners in 1849, most nanotechnology companies will never earn a dime. They'll sap up billions of dollars of investor capital in IPOs. They'll spend everything they have in an effort to strike it rich. And they'll fail miserably and become nothing more than a footnote is some business-school case study.
The suppliers to these companies, however, will do quite well.
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