Intermagnetics (IMG) Message Board

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Technology Stocks : Intermagnetics (IMG)

IMG 1.130

-1.7%

Jan 16 9:30 AM EST

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To: Mark Shaw who wrote (2526)	3/20/1998 8:34:00 PM
From: Gerald Thomas	Read Replies (1) of 3448

After 3 years of holding the stock...I have started trading the stock... I'm back in and think it will probably make at least a couple of trips to 14 by the end of the summer... .40 for the year is gone ... .30 is questionable... Probably closer to .27 That is still better than .20 last year... I think the Frigc question will keep people looking at the stock and any marketing they do will draw attention to it (let's hope they go easy on marketing costs) I think they are getting their act together Sales are deffinately better... If they do get the CERN order I believe that would be for next year but still is a big chunk of revenue (between 10-20 million) I too am frustrated that when asked about a National distributor for Frigc they gave that answer about too early in the season... They said they have "learned lessons from Australia" but then would not tell sales from Australia... Sumitomo ,if I remember correctly, was said from the call to be replenishing in a month or 2...and Pennzoil will have to buy probably in the quarter... I keep feeling they are getting better... but not fast enough.

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