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Technology Stocks : Intermagnetics (IMG)
IMG 1.065-6.6%Jan 20 3:59 PM EST
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To: Mark Shaw who wrote (2504)3/12/1998 9:27:00 PM
From: rustyjack  Read Replies (2) of 3448
 
Thanks for jogging my memory guys.

I now remember reading about that in one of the posts.(Gerald's, I'll bet). Hopefully they will win part of the contract. I believe we will need some more good press to sustain any momentum here.
Rosner said the announcement is due March 15, but they (DOE) were running a bit late. He expects it in the next two weeks at most.

Can't say I was overly impressed with the conference call.
Almost all improvement due to the recent acquisitions. Not much due to core business growth.They are still depending on FRIGC to propel future improvement. They still have not landed another national distributor. Rosner tried to explain that away by saying distributors would wait till May or June to see how the supply of Freon was holding. That would certainly be to late for this season.
He claimed FRIGC was "sweeping the Australian market", but could not provide any sales figures until Sumitomo buys more inventory.

Anyone else listen to the call? Opinions?
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