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

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To: Tom Linzmeier who wrote (3313)3/1/2000 10:26:00 AM
From: Mark Shaw  Read Replies (1) of 3448
 
Looks like we're going to give back all of the recent gains. I think all of the superconductor stocks have been ahead of themselves lately. I do think the market for HTS products for the electric utility industry will be HUGE and that IMG will share nicely in that market. However, it is still 3 to 5 years away. In the meantime, Glenn Epstein is doing a really good job running this company and focusing on financial performance which should put IMG in a great position to take part in the coming revolution in the electric utility business. Who knows where we'll land after the "get-rich-quickers", momentum players and day traders shake out of the stock. My confidence in the company is the highest it's ever been and I think the the stock will be worth a lot more than it is today in three to five years. Just my opinion.
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