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Technology Stocks : Intermagnetics (IMG)
IMG 0.192-2.5%3:59 PM EST
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To: Tom Linzmeier who wrote (3223)12/29/1999 8:57:00 PM
From: Mark Shaw  Read Replies (1) of 3448
 
I certainly don't have the experience or expertise in the securities industry that you have, Tom, but it definitely looks that way to me. AMSC's move has been phenomenal especially given their weak sales and no earnings. From what I can see, AMSC and IMG are the only pure plays around. IMG could play catchup to AMSC since its fundamentals are definitely better. One caveat: I still don't know if one company has a technological edge over the other. I know Yurek is one heck of a PR man and that could account for IMG being the laggard. IMG has been connected with superconductivity a lot longer than AMSC and I have to believe they know what they are doing with regard to the technology. I know one thing for sure: this is going to the first year in a LOOOOOOOOOOONG time that IMG has ended the calendar year with a year-over-year gain instead of being beaten down to a new 52 week low by end-of-the-year tax loss sellers. I've said some nasty things about this company in the past (out of extreme frustration) but it looks like Glenn is turning it around. If you are correct and money is moving into the industry, 2000 might be a happier year for us than the past few have been. Have a safe and Happy New Year, Tom, Gerald and everyone else. :-)

Mark
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