Nanotechnology Now

Our NanoNews Digest Sponsors


Heifer International

Wikipedia Affiliate Button


DHgate

Home > News > 3 Stocks That Missed the Mark

November 12th, 2007

3 Stocks That Missed the Mark

Abstract:
Next up: tiny-tech expert Altair Nanotechnologies (Nasdaq: ALTI). The company was supposed to deliver a $0.08 loss per share, but tacked on another red penny. One key customer reportedly delayed a $3.2 million order for Altair battery packs while waiting for the federal standards wheels to grind out a battery interface specification.

A year ago, Altair reported revenues of $750,000, and over half of that came from research grants and development contracts. This time, 84% of $3.4 million came from commercial sales of various kinds. Yet despite that improved credibility, Altair keeps burning cash at an alarming rate, and operations have been financed by the occasional secondary stock offering. In 2005, Altair raised $26 million in that dilutive manner, and it added another $23.8 million in 2006.

Despite all this, the company's total asset balance is hardly higher today than it was at the end of 2005. Can you say "value destroyer"? Nanotech fans might want to look at five-star Motley Fool CAPS stocks like Chinese chemicals manipulator Shengdatech instead, or Rule Breakers pick Harris & Harris (Nasdaq: TINY), for a broader coverage of the nanotech market.

Source:
fool.com

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Investments/IPO's/Splits

Nanometrics to Participate in the 8th Annual CEO Investor Summit: Investor Event Held Concurrently with SEMICON West 2016 in San Francisco June 22nd, 2016

Artificial synapse rivals biological ones in energy consumption June 21st, 2016

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

Nanometrics Announces Upcoming Investor Events May 10th, 2016

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

Superheroes are real: Ultrasensitive nonlinear metamaterials for data transfer June 25th, 2016

Russian physicists create a high-precision 'quantum ruler': Physicists have devised a method for creating a special quantum entangled state June 25th, 2016

Nanoscientists develop the 'ultimate discovery tool': Rapid discovery power is similar to what gene chips offer biology June 25th, 2016

Ultrathin, flat lens resolves chirality and color: Multifunctional lens could replace bulky, expensive machines June 25th, 2016

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Stanford researchers find new ways to make clean hydrogen and rechargable zinc batteries June 18th, 2016

Efficient hydrogen production made easy: Sticking electrons to a semiconductor with hydrazine creates an electrocatalyst June 17th, 2016

A New Approach To Building Efficient Thermoelectric Nanomaterials June 17th, 2016

Novel energy inside a microcircuit chip: VTT developed an efficient nanomaterial-based integrated energy June 10th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic