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Technology Stocks : Intermagnetics (IMG)
IMG 0.192-2.3%11:55 AM EST

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To: ShamukE who wrote (3280)2/18/2000 11:14:00 AM
From: Mark Shaw  Read Replies (1) of 3448
 
One can always tell when IMG is ready for a pullback. When everyone starts talking about the stock going to $60, a pullback is near. My confidence in IMG is renewed with the new management under Glenn Epstein. IMG's financial condition is excellent. I think IMG will be a big winner over the next 3 to 5 years but I don't think it's going to $60/shr. over the next few weeks or months. HTS applications represent a huge opportunity for IMG if it can execute and overcome the cost barriers to commercial viability for wire, motors, fault current limiters, etc. In the meantime, IMG's other businesses are paying the bills nicely and providing funds for R&D. I still think AMSC is overvalued compared to IMG. AMSC does not have the manufacturing expertise that IMG has and when its shareholders get tired of waiting for a profitable quarter, they will start to drop out. Just my opinion
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