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November 5th, 2007
Foolish Book Review: "An Empire of Wealth"
Late last week, promising nanotechnology company Nanosphere (Nasdaq: NSPH) went public. It is already trading about 40% higher, in large part because of its potential to transform the field of molecular diagnostics. My advice, however, is to think of the field of nanotechnology today as being where the railroad industry was in 1830, when there were only 23 miles of track -- it is only going to grow larger from here on out. The patient investor could be handsomely rewarded.
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