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May 19, 2004

SpeculatingStocks.com Stock Pick: Altair Nanotechnologies, Inc. (ALTI)

Stock Price: $2.10


Altair Nanotechnologies, Inc. is positioning itself through product innovation within the unique, rapidly emerging Nanotechnology sector to become a leading supplier of nanomaterial technology and nanomaterials world wide. Altair has recently been restructuring themselves, so that they can focus all their efforts on nanotech -- life sciences and nano material.

Nanotech has the ability to change our world at least as much as computers have over the last 20 years. Not many people understand it, but nanotech will basically improve our current products by making them stronger and more efficient.

ALTI’s financials may not even be close to impressive, but they are working on so many projects that will have a major impact in the future. Current projects include RenaZorb, titanium metal, NanoCheck, “lab-on-a-chip”, Dental Nanomaterials, advanced drug delivery systems, Tandem Cell, and lithium-ion battery electrodes. If even one or two of these projects becomes a success, ALTI’s stock price will react strongly to the upside.

The recent restructuring and focus on nanotech has led the Altair management to call shareholders to vote on a spin-off of their mining division. A major ALTI shareholder, who at the time owned 9.9% of the outstanding ALTI shares, expressed his disgust over the mining operations. There is no reason why the spin-off should not pass the vote. After it passes, ALTI shareholders will receive shares in the mining spin-off planned to be led by former ALTI CEO Dr. William P. Long.

Kudlow and Cramer recently interviewed Rudi E. Moerck, President of Altair. The ALTI President drew more emails to Kudlow and Cramer than any other guest “in the last month” said Cramer. The interview can be found in the investor relations sections at Altair Nanotechnologies Website.

ALTI ran from under $1.50 to over $4 during the “nanotech hype” wave that occurred 3 months ago. ALTI will run up again in a similar fashion, and may even reach $5 a share on the next run.

 
     
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