Intermagnetics (IMG) Message Board

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Technology Stocks : Intermagnetics (IMG)

IMG 0.182

-5.3%

3:59 PM EST

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To: Mark Shaw who wrote (3000)	3/24/1999 4:26:00 PM
From: Gerald Thomas	Read Replies (1) of 3448

Mark... Had to jump in... I sold a while back and would entertain a reason to buy back in...but They have to understand what investors think of when they think of IMG.. They think cutting edge technology and the possibilities that exist as a result...I will say that to put it bluntly that every foray or attempt they have made into a new and challenging market has FAILED dismally... To be blunt as well no one cares about the core market...it is nice that it is marginally profitable but no one cares about it... Look at this list of attempts into challenging markets 1. FRIGC (could have been a blockbuster) 2. COOLING COMPUTERS (like you said this one gets the JIMMY HOFFA award...what ever happened to it) 3. FOOD INSPECTION (again nice reports written on technology...nothing more) 4. IMIG MRI...abandoned with serious dispute with distributor 5. SUBCOOLERS...what stage is this in (the 5 year development cycle?) 6. SMES (actually have sold one )when investors think cutting edge superconductor technology this qualifies...They won't enter market for a few years I guess their choice) 7. HTS superconducting products for utilities...a few years away 8. My favorite...MAGLEV do you realize that they are upgrading trains to maybe double the speed of current technology when with MAGLEV they could easily triple or quadruple the current speeds...again IMG has that technology... NOTHING THERE... Can you imagine several corriders across the U.S. with train travel at 300+ MPH? AGAIN they hold all the technologies and have consistantly done ZERO with them.

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