Fort Lauderdale, Florida (PRWEB) July 21, 2006
Newbridge Securities Corporation today announced the release of the third quarter 2006 issue of Inside Nanotechnology. This 32-page report is the ninth quarterly installment in the series, which covers general developments affecting the commercialization of nanotechnology and in-depth analysis of the 24 companies that constitute the Newbridge Nanotechnology Index (NNIX). In this issue, we examine the recall of a German cleaning product that was marketed as nanotech, but was later found to contain no nanoparticles. Also, we provide a follow-up on the IPO we profiled in our last issue, which subsequently took an interesting turn.
“Following a strong first quarter, the NNIX has recently pulled back in concert with the overall equity markets,” said J. Andrew Braswell, Equity Analyst for Newbridge Research and lead author of Inside Nanotechnology. “Its 12.9% second quarter decline brought it back to flat year-to-date, and exceeded that of the Nasdaq (-7.1%) and Russell 2000 (-5.3%).” For each company, the report provides a recap of relevant news from the preceding quarter, along with analysis and commentary that helps investors discern the future leaders of this dynamic, emerging space. While the current universe of publicly traded, pure play nanotechnology companies remains relatively narrow, there are many exciting start-ups that appear poised for IPO’s in the next few years. Furthermore, nano R&D initiatives ongoing at large, multinational corporations in industries such as chemicals and semiconductors are beginning to determine the competitive advantages of tomorrow. “Going forward, nanotechnology will become increasingly relevant to all investors, growth-oriented or otherwise,” said Braswell.
About Newbridge Securities Corporation
Newbridge is a full-service securities brokerage firm (Member: NASD & SIPC) and a subsidiary of Newbridge Financial, Inc., an integrated financial services company. The Newbridge Institutional Research department specializes in the analysis and coverage of companies that have a strategic focus on nanotechnology. More information is available at our websites http://www.newbridgereports.com and http://www.newbridgesecurities.com.
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For important disclosures please visit: http://www.newbridgesecurities.com/research_rpt_discl.html. Additional information is available upon request. Contact: David M. Keiter, Director of Research, 954-334-3450 x115.