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Technology Stocks : Intermagnetics (IMG)
IMG 0.192-0.1%Nov 6 3:59 PM EST
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To: Gerald Thomas who wrote (3059)4/30/1999 10:08:00 PM
From: Mark Shaw  Read Replies (1) of 3448
 
We still have not been able to figure out this increased volume. Last Summer and Fall we were lucky to see 30,000 shares traded in a day. I am at a total loss as to why all of this interest is occurring in IMG. I don't see anything fundamentally different about this company from when it was selling for 5-1/4. It really could be that the rumors of a buyout started on the Yahoo board has sparked this interest. I continue to be amazed at how quickly people are willing to dump their hard-earned money into a stock based on what a nameless person on the internet says. If something has fundamentally changed so much for the better, why aren't any analysts jumping onto the wagon such as First Albany which is in IMG's back yard ?
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