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Technology Stocks : Intermagnetics (IMG)
IMG 0.191-0.3%9:30 AM EST
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To: Mark Shaw who wrote (3155)8/10/1999 10:49:00 PM
From: Wafa SHIHABI  Read Replies (2) of 3448
 
Mark, I tend to agree with Tom. Its about time someone started cleaning up, and the last announcement is certainly a step in that direction. It will be impossible for any of us to guess if there will be any more write-off announcements, but I would not be surprised if there were more. However, all these write-offs have already been priced into this share. The real surprise would be if there were no more write-off announcements, and management started turning the ship with only this. Not an impossibility.
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