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Technology Stocks : Intermagnetics (IMG)
IMG 1.400+12.0%Dec 24 12:59 PM EST

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To: Mark Shaw who wrote (3172)9/22/1999 9:08:00 AM
From: Gerald Thomas  Read Replies (1) of 3448
 
Mark

I agree...
In the old days when the stock had a PE of 40 or better you could do the calculation of say .40 or .60 a share and come up with a stock price of 16-24$ as a target...

Now with no frigc or other real growth opportunities what kind of PE...20? maybe less...

No real reason to get in except like you say as a small trade...
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