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

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To: Wafa SHIHABI who wrote (3168)9/19/1999 1:26:00 PM
From: Tom Linzmeier  Read Replies (1) of 3448
 
It's pretty quite out here. Is there hope that this pop on increased volume is front running good earnings on Tuesday?
Conference call answer to "how's the first quarter?", was "meet or beat first quarter of last year". I believe that was .07 cents. A question I asked Mike Zigler was, what happens if IMG writes off FRIGC? His response was, the only carrying cost they had was inventory. That cost was low enough, they should be able to sell that at a break even or for a small small profit. They did not expect any write-offs if they closed out the FRIGIC operation. There was no indication that they were going to, or would shut down FRIGIC. I only asked what to expect if they did.
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