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Technology Stocks : Intermagnetics (IMG)
IMG 0.192-0.1%Nov 6 3:59 PM EST
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To: Steven Seefeldt who wrote (3041)4/22/1999 11:50:00 PM
From: Mark Shaw  Read Replies (1) of 3448
 
I saw that earlier today. Just my opinion, but I don't think the buyers of IMG over the past few weeks have been mistaking it for a gold company. There is a reason for this volatility and volume; we just don't know what it is. When the announcement is actually made we may go back down to 6 but there is something going on. Whoever is buying was buying it on the way down this morning from those willing to take their short term profits and run. I could be completely wrong but this is just how the stock acted right before the announcement of FRIGC in 1993.
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