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March 20th, 2007
Harris & Harris' Heftier Holdings: Fool by Numbers
On March 15, venture capital investment firm Harris & Harris (Nasdaq: TINY) released fourth-quarter earnings for the period ended Dec. 31.
* The Motley Fool Rule Breakers recommendation recorded six new investments in "tiny technology" (mostly nanotech) companies in 2006, with 14 additional follow-on investment rounds.
* The firm now has a stake in 31 different companies.
* Because Harris & Harris' purpose is "to achieve long-term capital appreciation, rather than current income, by making venture capital investments in early-stage companies" some of the traditional numbers below aren't a lot of help in describing the state of the company. The "Net asset value per outstanding share" row is a better measure.
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