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: Mark Shaw who wrote (2930)	11/11/1998 10:05:00 PM
From: Gerald Thomas	Read Replies (2) of 3448

Mark I have had several positions in this stock for a LONG time... Mostly long term and then more recently trading... As a company that is dealing with one of the most important enabling technologies 20-40 years out they have had to deal with HUGE R&D budgets...of varying lengths and durations...or risk falling behind in the RACE... The difficulty has been as we all know marketing and trying to accomnplish the massive R&D and current product launchs/marketing simultaneously... They were a spinoff of one of the most admired companies ever General Electric and have grown predictably year bu year... Only when the analysts got hold of FRIGC did the stock catapult on its promise... While I would have to call that one a loss until now... I would not write off the company or FRIGC in the future... If they can get their niche with subcoolers they have leverage in a market (stationary ) that they have a chance in... I give them credit for the CERN order which will eventually lift the stock and would say that either their computer cooler or food analyser products in addition to all the HTS superconducting stuff could make the stock move... I wish the company well... although sometimes I believe their promise far exceeds their grasp... They have stuff in many interesting areas and have been a fiscally strong company always... The phrase "rocket science" is thrown around alot... but these guys are at least attempting to push the limits and for that they have earned respect.

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