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Technology Stocks : Imation (IMN)

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To: Ronald Ashkenazy who wrote (54)7/11/1998 3:56:00 PM
From: Paul Weiss  Read Replies (2) of 103
 
Ron-- No longer an Imation shareholder, I do however keep half an eyeball on the company. My opinions are thus rather general in nature. 1. Any person who wishes to buy at the current price and just hold on through thick and thin will do quite well. This is a well managed, innovative company. 2. IMN started out by focusing their Superdisk sales in Asia... a good idea that got blindsided by regions economic woes. The idea is still good, but it will take longer for results to pay off. 3. I've always preferred a diversified product line over the one trick pony... and Imation has several. 4. Stock has fallen in tandem with disk drive companies like WDC, SEG, but not as severely. For long term holders this is a really good sign, but the traders may find more exciting plays on a sector rally. Regards, Paul
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