Intermagnetics (IMG) Message Board

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Technology Stocks : Intermagnetics (IMG)

IMG 0.182

-5.0%

Nov 7 9:30 AM EST

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To: Gerald Thomas who wrote (2922)	11/5/1998 10:37:00 AM
From: Mark Shaw	Read Replies (1) of 3448

To my knowledge, Gerald, the only information we have on this project are the articles you have posted here from the local newspaper in Albany. The company has never come out and said why it pursued this facility and what it will be making. Rosner is friends with the owner of the building. Before IMG stepped up, it looked as if this abandoned building might just rot into the ground. Is this a facility that IMG really needs or is Rosner just helping out an old friend ? I can't tell from the information available. The dismal results from FRIGC thus far would seem to indicate that further investment in this product is not wise. Maybe it's time to quit pouring money into FRIGC and move on to better opportunities with HTS, etc.

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