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Technology Stocks : Intermagnetics (IMG)
IMG 0.192-0.1%Nov 6 3:59 PM EST
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To: Wafa SHIHABI who wrote (3096)6/10/1999 11:15:00 AM
From: Mark Shaw  Read Replies (1) of 3448
 
IMG announces increased future revenue and the stock drops; a typical move. Wall Street couldn't care less about these MRI magnets. The margins on them erode year after year because of the intense competition. Lots of revenue; no net income. Philips comes in every year and demands price cuts and IMG is powerless.
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