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Technology Stocks : Intermagnetics (IMG)
IMG 0.192-2.5%Nov 5 3:59 PM EST

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To: Wafa SHIHABI who wrote (3176)9/23/1999 1:55:00 PM
From: Mark Shaw  Read Replies (1) of 3448
 
Wafa:
Are you connected with the superconductivity industry ? My background is accounting/finance. I have held this stock for 16 years in the belief that superconductivity could revolutionize many areas of industry. Rosner has always talked about how superconductivity will have the same impact in the 21st Century that semiconductors have had on the last half of the 20th Century. I want to think that is true since I am heavily invested in IMG. However, the road to commercialization beyond MRI magnets has been VERY slow. The industry is shrouded in secrecy and I know there are technological hurdles to clear before widespread commercialization can occur. My question to you is: do you know what these hurdles are and do you think that they in fact can be cleared ? IMG has been talking about making a breakthrough in the next 5 to 10 years for about 20 years now. Quite frankly, it looks like most everyone has left the party thinking that the only thing IMG is likely to develop are low-margined, low-growth products related to MRI. What are your thoughts ?
Mark
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