Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

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

Arrowhead to Report Fiscal 2014 Third Quarter Financial Results- Conference Call Scheduled for Tuesday, August 12, 2014 - July 31st, 2014

Harris & Harris Group Invests in Unique NYC Biotech Accelerator July 29th, 2014

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 July 23rd, 2014

Nanometrics Announces Upcoming Investor Events July 22nd, 2014

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

Carnegie Mellon Chemists Create Nanofibers Using Unprecedented New Method July 31st, 2014

Pressure probing potential photoelectronic manufacturing compound July 31st, 2014

NanoScience: Giants of the Infinitesimal July 31st, 2014

From Narrow to Broad July 30th, 2014

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics

Tough foam from tiny sheets: Rice University lab uses atom-thick materials to make ultralight foam July 29th, 2014

Stanford team achieves 'holy grail' of battery design: A stable lithium anode - Engineers use carbon nanospheres to protect lithium from the reactive and expansive problems that have restricted its use as an anode July 27th, 2014

Nano-supercapacitors for electric cars July 25th, 2014

Compact Vibration Harvester Power Supply with Highest Efficiency Opens Door to “Fix-and-Forget” Sensor Nodes July 23rd, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE