Average investors discouraged in finding nanotech pure-play

Chuck Jaffe of MarketWatch discourages average investors from investing in today’s early nano fund:

“It’s not that nanotechnology is a bad business or that exchange-traded funds are a poor idea. It’s that the combination of the two, at this point in time, can’t deliver what investors like Roger really want, namely an intense focus on this emerging technology.”

It would be interesting to hear his comments on another option: Harris & Harris (TINY). But they include microsystems and MEMS, so they aren’t all nano either. —Christine

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