Intermagnetics (IMG) Message Board

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Technology Stocks : Intermagnetics (IMG)

IMG 1.065

-6.6%

Jan 20 3:59 PM EST

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To: rustyjack who wrote (2505)	3/12/1998 10:44:00 PM
From: Mark Shaw	Read Replies (1) of 3448

I listened to the call as well, Ron. I was equally unimpressed. I thought they were very non-committal about FRIGC. That stuff about distributors waiting until May to sign up is non-sense. If they were going to carry the product at all they would have signed on by now. They might not have bought a lot but they still would have been on board. In fact, I'm kind of surprised by the recent run-up. I was expecting a big announcement from one of their product areas. As you noticed, earnings merely met expectations and wouldn't even have done that without acquisitions. I wouldn't be totally shocked to see this thing drift back down to between 8 and 9. I think FRIGC is a flop and the HTS stuff is still 3-5 years away from commercialization. I almost fell asleep toward the end of that conference call.

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