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Technology Stocks : Intermagnetics (IMG)
IMG 0.193-1.9%2:18 PM EST

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To: Gerald Thomas who wrote (3267)2/10/2000 12:21:00 AM
From: Mark Shaw  Read Replies (1) of 3448
 
There's a guy over on Yahoo who thinks the same thing, Gerald and you could be right. A lot is coming together now for IMG. HTS cable and devices, increased MRI production due to consolidation of French J.V., computer chip cooling, MRI systems for materials inspection. Glenn Epstein previously announced some performance targets which is a new concept for this company. I think Glenn knows he can beat those somewhat modest targets. There also may be something else happening here. I think we may finally be seeing the top in some of the stocks driving the market averages and some of the mutual funds may be dabbling in the long-neglected small cap sector. Stocks like IMG have been ignored for MANY YEARS now. They represent true bargains in this market. I actually heard some 27 year old idiot on TV the other day talking about how "earnings don't matter in this new market environment". In the long run, companies who can't generate earnings go bankrupt. Talk like this could be a signal of a top for these high flyers. Just my opinion.
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