Motley Fool returns to the subject of nanotech with the conclusion that Yes, this nano stuff is for real but with the usual caveats. The Fool rightly points out that what we have is sectors incorporating nanoscience, rather than a nano-industry although we would take issue with placing nano fuel cells as a subdivision of nanoelectronics.
Perhaps more sobering is the Fools take on NECs strong IP position on carbon nanotubes, as a potential nano investment, NEC, the Japanese consumer giant, is already a $12 billion market cap and unlikely to triple or even double based on its carbon nanotube royalties.
What we are seeing in large companies around the world, is a realisation that nanotech is part of their long-term growth strategy. While nobody expects nanotech to revolutionise their business overnight most companies with the liquidity to allow it are already taking options on the future, not just in nanotech, but areas such as biotech and robotics.
In light of the amount of nanochatter on various investing boards, backed by little understanding of the technology, the old adage that a fool and his money are soon parted springs to mind.