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Technology Stocks : Intermagnetics (IMG)
IMG 0.184-4.1%11:30 AM EST

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To: Electroman who wrote (3032)4/22/1999 3:39:00 AM
From: Wafa SHIHABI  Read Replies (1) of 3448
 
With earnings close to zero P/E would be close to infinite at any share price. Yesterday's price is only twice book. 18 would be just over 3.
The problem with this company has been that management has not been able to muster much earnings out of their portfolio of products. But the portfolio is impressive. It would be very valuable for someone like GE. The earnings GE can generate out of such a portfolio, would have no resemblence to what these guys are doing now.
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