mPhase Technologies (XDSL) sells for 29 cents a share and has a current market cap of about $46M. It's in collaboration with Bell Labs to create a new generation battery, has developed a nano-based metal detector ("Magnetometer") and sells DSL components for delivering high speed broadband data and video over DSL systems. My quick and dirty analysis of XDSL is that any one to these three divisions of their business model is worth three times current market cap, making fair value of the company about 10X it's current price. That's the reward part. The risk is none of their products catch on or are developed and the company languishes as a penny stock for a decade.
Here's a link to their work on metal detection.
But the real kicker in these shares is its collaboration with Bell Labs on Battery Development. Below is a write-up from the Forbes-Wolfe Nanotech Report describing this new batttery technology. At a market cap of only $46M and at the forefront of nanotechnology with a partner like Bell Labs, all we need is the Dent-Wolanchuk Bull Market of Epic Proportions to kick-in for these shares to start flying off the shelf.
What do medical implants like pacemakers, military communications
devices, and wireless sensor nets such as those used to monitor humidity
in semiconductor fabs have in common? They all require batteries—
preferably ones that can run for months or years without recharging or
replacement. The market for primary,non-rechargeable batteries is esti-
mated to reach $14 billion in 2007.
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