Real Nanotech Index Rises

We have three dogs at home: Suzi, Harley and Shiva. Sometime I claim them and sometime they belong to my wife. As in, “Your dog, Suzi, dug up my garden again, today, Honey.”

This week, I am happy to claim the Edwards’ Real Nanotech Index (ERNI) as my dog, though it shouldn’t be called a dog as it did nicely last week, thank you very much. ERNI was up 4% last week, and back above its starting point. Standouts for the week included Raymor, whose shares now costs a whole buck, FEI and Nucryst were both up over 10%. The surge in FEI shares seems to be a reaction to Vahe Sarkissian’s resignation as chairman, president and CEO. Sometimes the market is just plain rude. CFO Raymond Link will become interim CEO. I saw no specific news on Nucryst that would account for its recent gains, which continue a trend that began in the middle of last month. Nanophase is riding higher today on a new order for and initial order architectural coatings received from an unnamed customer.

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