Intermagnetics (IMG) Message Board

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Technology Stocks : Intermagnetics (IMG)

IMG 0.191

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2:18 PM EST

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To: Paul Weiss who wrote (3129)	7/23/1999 10:21:00 AM
From: Mark Shaw	Read Replies (1) of 3448

I know exactly what you mean Paul. I've been waiting for 15 years. It all boils down to one conclusion... either IMG has absolutely no marketing skills whatsoever or they are misleading us with bogus information and expectations about the products they announce. A good example is the materials separator. This technology was highly touted back in the '80's and IMG still mentions it as being part of the business. When was the last time they announced selling one ? The only thing they have ever been able to sell on a commercial scale is MRI magnets and wire and related equipment. The problem with that is that they are pretty much beholden to ONE customer and that customer dictates what it will pay IMG. The margins on the MRI equipment have been shrinking for the past several years. Competition is fierce. Not the ingredients for a growing company. Even after six years of failure, IMG still talks about the "future" for FRIGC. They talk about how effective they have been at penetrating the Australian market. Give me a break. The next thing you know, we'll be hearing how effective they are at penetrating the A/C market in Sri Lanka.

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