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

TARA Biosystems and Harris & Harris Group Form Company to Improve Safety and Efficacy of New Therapies October 22nd, 2014

Arrowhead Issues Open Letter to Shareholders October 9th, 2014

PEN Inc. Announces New Trading Symbol: PENC: Stock Continues Trading on the OTCQB September 3rd, 2014

Aspen Aerogels, Inc. to Present at Barclays CEO Energy-Power Conference August 27th, 2014

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

Nano Ruffles in Brain Matter: Freiburg researchers decipher the role of nanostructures around brain cells in central nervous system function October 31st, 2014

'Nanomotor lithography' answers call for affordable, simpler device manufacturing October 31st, 2014

Device invented at Johns Hopkins provides up-close look at cancer on the move: Microscopic view of metastasis could give insight about how to keep cancer in check October 31st, 2014

Production of Biocompatible Polymers in Iran October 30th, 2014

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

Super stable garnet ceramics may be ideal for high-energy lithium batteries October 21st, 2014

Graphenea opens US branch October 16th, 2014

NTU develops ultra-fast charging batteries that last 20 years October 14th, 2014

Electrically conductive plastics promising for batteries, solar cells October 10th, 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