Intermagnetics (IMG) Message Board

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Technology Stocks : Intermagnetics (IMG)

IMG 0.192

-2.5%

3:59 PM EST

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To: Mark Shaw who wrote (3249)	1/24/2000 9:28:00 PM
From: Mark Shaw	Read Replies (1) of 3448

Interesting news from AMSC today. I wondered when the stock offering was going to appear to replace the cash that's being consumed. Also noticed a downward revision in the number of SMES units to be shipped by the end of the fiscal year. AMSC is bound to encounter the same difficulties in getting products from drawing board to full blown commercial production just as IMG has. Commercial sales of HTS are still at least three years away. Maybe the market will soon realize that IMG is generating cash and not burning it and generating earnings instead of losses.

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