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Technology Stocks : Intermagnetics (IMG)
IMG 0.174-4.2%Nov 10 3:58 PM EST
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To: Gerald Thomas who wrote (2708)5/27/1998 11:52:00 AM
From: Mark Shaw   of 3448
 
I think we're caught in the general market downdraft, Gerald. A lot of people have walked away from this stock and it will take a while to get them back. However, as I said in my last post, I think A LOT of things are coming together and this stock will get noticed sooner or later. The major appeal for me is that IMG is involved in so many emerging market segments rather than mature ones which are riddled with competition. In the last press release, Rosner mentioned that IMG had "leapfrogged" the competition with regard to SMES. This is very important since American Superconductor has been the perceived leader in electric power applications for HTS. However, IMG has a 16 year head start and a much better track record of profitability. If I didn't already have so much of this stock, I would buy more at these prices.
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