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Technology Stocks : Intermagnetics (IMG)
IMG 0.192-2.5%Nov 5 3:59 PM EST
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To: Gerald Thomas who wrote (3209)12/15/1999 12:19:00 AM
From: Mark Shaw  Read Replies (1) of 3448
 
I don't think this market will ever take off in the U.S., Gerald. Americans are too much in love with their SUV's. The cost/mile to build maglev is too high and there just isn't any support for it. It's a great concept but so was the Supercollider in Texas and we know what happened to that. Maybe if gasoline goes to $5 a gallon it might attract more interest. IMG's future rests with electric utilities in my opinion. Even that is three to five years away at best.
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