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Technology Stocks : Intermagnetics (IMG)
IMG 0.191-0.7%2:18 PM EST

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To: Steve in Vegas who wrote (3134)7/23/1999 9:57:00 PM
From: Gerald Thomas  Read Replies (1) of 3448
 
Guys...
don't want to pollute the board...

Just a little filler before the conference call...

let's examine what is possible and has been tried...

Superconductivity...

electricity flowing without resistance

why is this great???

1. faster computers
2. magnets that can absorb power surges on HUGE scales
3. transformers that are smaller and more efficient
4. electrical cables that can hold FAR more electricity
5. trains that can travel with inductive engines at 300+ MPH

and on and on...

what has been attempted???

a cooler system for computers that can change clock speeds to DOUBLE
yes 100% faster than the design speed

this has been tested by IBM and it works

The reality ...Kryotech has a solution that is 30% better than design speed and that has been what they are going with...

THIS IS THE IMG MODEL....

PERFECT R&D
tested to perfection
usually better than most solutions out there...

then the next step

1. they hand it off to someone who shelves it indefinately
a. kryotech
b. img/mri
c. frigc

2. they shelve it or let one customer evaluate it endlessly
a. subcoolers
b. food inspection

3. they buy a percent of the company and then the JIMMY HOFFA
principal kicks in...never hear anything again...
a. that kryosurgical company
b. kryotech (also above)

It would seem to me that one of the three examples above should be able to work some of the time...
what are the chances that using different methods to get products to market and NEVER getting off the ground...

suggestion...
company needs to break into 2 segments

1. IMG R&D...for power applications
2. IMG products/services..for everything else

they need to say what they are attempting to do and then they need to report back to investors from time to time with progress...

IMO.
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