<!-- --><!-- --><style type="text/css">@import url(https://www.blogger.com/static/v1/v-css/navbar/3334278262-classic.css); div.b-mobile {display:none;} </style> </head><body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener('load', function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <div id="navbar-iframe-container"></div> <script type="text/javascript" src="https://apis.google.com/js/plusone.js"></script> <script type="text/javascript"> gapi.load("gapi.iframes:gapi.iframes.style.bubble", function() { if (gapi.iframes && gapi.iframes.getContext) { gapi.iframes.getContext().openChild({ url: 'https://www.blogger.com/navbar.g?targetBlogID\07511139315\46blogName\75NanoNovus\46publishMode\75PUBLISH_MODE_BLOGSPOT\46navbarType\75BLUE\46layoutType\75CLASSIC\46searchRoot\75http://nanonovusblog.blogspot.com/search\46blogLocale\75en_US\46v\0752\46homepageUrl\75http://nanonovusblog.blogspot.com/\46vt\75-6835450727142964005', where: document.getElementById("navbar-iframe-container"), id: "navbar-iframe" }); } }); </script>

Wednesday, December 21, 2005

A Response to Altair Criticisms

In today's Motley Fool, I had an article entitled: Another Press Release from Altair.

In response, I have received a few emails criticizing me for being unduly harsh on Altair, bashing the stock for my own financial stake, or being just plain stupid.

Before, I address these criticisms individually, I encourage you to read the article and judge for yourself.

To begin, the reason I have been so negative on Altair is because I believe in the potential of nanotechnology. As a result, I am confident that a number of nanotechnology-related companies -- as well as investors -- are going to do quite well. As with the Dot.Com era, however, there is going to be a lot of hype surrounding the field. I am of the opinion that this hype is, in general, a bad thing. As such, when I feel companies are unnecessarily or unrealisticly touting nanotech's benefits to an unsuspecting public, I intend to call them on it. That is because I think such dubious companies have the potential to give the whole nanotech industry (such as it is) a black eye.

As to the second criticism, I want to make it crystal clear that I neither own Altair stock, nor do I short the stock.

As for the third and final criticism (i.e. my intelligence), I'll willfully admit that they may have a point ... but it has nothing to do with my position on Altair. In fact, one of my very first postings on this blog was a posting critical of an earlier article in The Motley Fool about Altair. I encourage you to read it here. If nothing else, I have been consistent in my criticism of Altair. And, more to the point, I will remain critical until the company actually produces a real product and signs up some real customers.

If and when they do that, I'll happily write an article to that effect.

Sincerely,

Jack Uldrich

Related Links:
Toshiba vs Altair
Altair: Fooling the Fools
Is Altair all Hot Air?