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William Blair & Company Initiates Coverage of Harris & Harris Group, Inc. With Market Perform Rating



CHICAGO, May 10 /PRNewswire/ -- With the release of a comprehensive report on the nanotechnology industry titled, "A `TINY` Overview of Nanotechnology: Big Ideas Come In Small Packages," William Blair & Company today announced that it initiated research coverage of Harris & Harris Group, Inc.(NASDAQ-NMS:TINY) (Nasdaq: TINY) ($16.06) with a Market Perform rating and company profile of Aggressive Growth. Harris & Harris(NASDAQ-NMS:TINY) is a publicly traded venture capital firm that makes noncontrolling investments in companies specializing in nanotechnology and other micro-scale technologies, or "tiny technologies."

Analyst William Benton said he believes that Harris & Harris(NASDAQ-NMS:TINY) , whose portfolio contains 18 investments, 13 of which are tiny-technology investments, "offers investors the unique opportunity to participate in a venture capital fund with a diverse portfolio of emerging technology companies, led by a management team with excellent experience in the nanotechnology field, and possessing the liquidity of a publicly traded stock."

"Harris & Harris(NASDAQ-NMS:TINY) is a recognized expert in the tiny-technology field, possessing a deep knowledge of the underlying technologies and a realistic approach to developing a successful technology-based company," Benton said. "Because of Harris & Harris`s(NASDAQ-NMS:TINY) rich history with tiny-technology companies, we believe that it is an attractive investment partner for a nanotechnology start-up company."

William Blair & Company is a Chicago-based investment firm offering investment banking, asset management, equity research, institutional and private brokerage, and private capital to individual, institutional, and issuing clients. Since 1935, we have been committed to helping clients achieve their financial objectives. As an independent, employee-owned firm, our philosophy is to serve our clients` interests first and foremost. William Blair & Company has offices in Chicago, Hartford, London, San Francisco, Tokyo, Vaduz, and Zurich. For more information, please visit www.williamblair.com .

William Blair & Company, L.L.C. has received compensation for investment banking services from the company within the past 12 months, or expects to receive or intends to seek compensation for investment banking services in the next 3 months.

William Blair & Company, L.L.C. is a market maker in the security of this company and may have a long or short position.

For important disclosures and information regarding the firm`s rating system, valuation methods and potential conflicts of interest, please visit: https://www.williamblair.com/Pages/news_story.asp?uid=662

Additional information is available upon request.

William Blair & Company, L.L.C. is a member of the National Association of Securities Dealers, CRD number 1252.
 
aus der Diskussion: Harris & Harris, einfach traumhaft, wer ist noch investiert?
Autor (Datum des Eintrages): B2BFighter  (11.05.04 16:52:13)
Beitrag: 6 von 34 (ID:13075017)
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