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Technology Stocks : Intermagnetics (IMG)
IMG 0.182-5.0%Nov 7 9:30 AM EST

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To: Mark Shaw who wrote (2851)7/29/1998 4:08:00 AM
From: Paul Weiss  Read Replies (3) of 3448
 
Mark-- I reckon that I disagree with your conclusions... first glance looks pretty good to me. Any improvement in EPS is a step forward. I also approve of Rosner's recognition of past mistakes ( or misjudgments, if one prefers), and his plans to redirect efforts. Shoot, if this company had been running smoothly on all sixteen cylinders, it would be selling north of $40 per share. To get a bargain, there must be a negative sentiment. And this, I believe is that point where sentiment transitions from disappointed to hopeful. That's my interpretation of the charts, and this pre-earnings release supports my take on IMG. Besides, I just can't see much risk at these current prices. IMG gets my 'top ten stocks to buy now' rating. Regards, Paul
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