Intermagnetics (IMG) Message Board

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Technology Stocks : Intermagnetics (IMG)

IMG 0.181

-5.5%

3:28 PM EST

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To: Mark Shaw who wrote (3018)	4/21/1999 4:42:00 PM
From: Robert Florin	of 3448

I definitely would not want to have been any of those trading on the inside information. If ever there was a leak before the event, this has got to be one of the the worst. The question is, what is the event? My guess is that we are seeing near the price of the event if it is a takeover. Too much action, with too many shares means someone knows exactly what the deal would be. To counter that is the fact that in the last hour, the stock went up another 1.25 after rising earlier. The other possibility is some kind of especially attractive product or deal with someone like GE (magnets) or a major utility for wires (still, this technology is not ready for prime time.) It is a puzzle, but someone obviously knows what it is, just not us.

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