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

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To: SemiBull who wrote (3202)12/10/1999 9:39:00 AM
From: Mark Shaw  Read Replies (2) of 3448
 
Welcome to the thread, Semibull. As you can see, I am a very frustrated (almost 16 years) long term investor in IMG.
Are you new to IMG ? I am particularly frustrated that AMSC is sitting around 20 when it has never earned a penny and continues to burn capital at a very high rate. IMG is in a much stronger financial position and except for "one-time" charges has been profitable since the late 1980's. I can't decide if AMSC is all PR or if it has a true technological advantage over IMG. In any case, meaningful revenue from the electric utility industry is probably 3 to 5 years away. IMG has new management in place and the jury is still out whether they will be effective. Your comments on this stale thread would be welcomed.
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