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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 (3260)2/6/2000 8:54:00 PM
From: Mark Shaw  Read Replies (1) of 3448
 
I bought my first shares in Feb. 1984, Tom. I completely agree that the prices of AMSC and IMG will converge. AMSC might be in for some tougher going with the stock offering on the way and the downward revision in SMES units to be shipped. I much prefer this gradual increase in price over the big price jumps which are followed by sharp declines. Over the next 2 to 3 years, I don't think your projection of $30/share is unreasonable and if IMG's HTS program is successful and comes on strong, then $30/shr. might look conservative. But, as you say, I will be happy to see $15.
Maybe IMG should change its name to "IMG.COM" :-)
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