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Technology Stocks : Intermagnetics (IMG)
IMG 0.197-14.0%Nov 4 3:59 PM EST

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To: Mark Shaw who wrote (3298)2/27/2000 12:37:00 AM
From: Wafa SHIHABI  Read Replies (1) of 3448
 
Its just as Adam said to Eve on their first kiss, "step back honey, I don't know how far this thing will get"

For sure the hypsters, the shorters and day-traders are all in town. All over the SC stocks. IMG is the least affected.

The fact remains, that beyond this activity, institutional interest is on a tremendous rise. IMG itself had more than 97% of its buyers institutional
thomsoninvest.net

Also in dealing with various bankers and financial institutions, I have heard this interest conveyed.

This is not to say we will not see some dips along the way, maybe even big ones. But I would truly hate after spending 5 years researching and investing in this sector, to eject prematurely. The market is finally recognizing it as explosive new technology.

One last factor that makes me want to hold. The current hype is over the telecom players. They have risen 1500% YTD. The power players have only done 228%. When you combine that with the healthier financial standing on the latter, IMG remains "undervalued". (OK take it with a grain of salt)

Whatever you do, best of luck
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