Intermagnetics (IMG) Message Board

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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 (3161)	8/13/1999 1:53:00 PM
From: Gerald Thomas	Read Replies (1) of 3448

Mark... was definately looking for a hook to get back in... won't bother you guys too much... but after listening to conference call my read is that they are placing their faith in kryotech only (simply because they didn't mention it in the beginning and when pressed they said that it was more than a financial investment to them) electric utility products described as 3-5 years out and if I remember correctly that was the exact number given 3 years ago... simply streamling a magnet business won't do it for me... And going to kryotech website doesn't look like they are in any hurry to develop anything colder than -40 degrees... If you remember IBM had a working product 2 years ago with IMG... then 2-3 years ago they signed with kryotech and initial conference calls said a product should have already been out by now... Why they don't just get a computer guy on their staff and build their own prototype is beyond me...especially since they have already had a working product with IBM... well won't bug you anymore...but there just isn't any real reason to get interested in the stock... later.

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