Intermagnetics (IMG) Message Board

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Technology Stocks : Intermagnetics (IMG)

IMG 0.192

-0.1%

Nov 6 3:59 PM EST

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To: Tom Linzmeier who wrote (3079)	5/12/1999 9:27:00 PM
From: Gerald Thomas	of 3448

Tom ... recognizing that on the face of this ...this is certainly a positive release... I would just like to throw out this for discussion... I recall this customer as already (after General Electric stopped being a customer)their number 1 customer... I would classify this as an extension...however they were never the exclusive supplier and there was never a figure this high (ever)put on any contract... However sales figures have never been broken down by management but I believe that Polycold WAS doing about 16 million a year and the other aquisition (the name escapes me) was doing about 12 million... On a yearly basis, that would be 28 million and then deviding this contract by 5 would be a little over 85 million per year... So this alone would account for about 113 million in revenues per year if the numbers hold up... there are a couple of other magnet customers...dont't know the amounts but I seem to recall that they are not SMALL customers... then there is the supercollider deal... Can anyone else take a shot at quantifying this? A preliminary guess might put revenues at about 150 million per year but there has been so little breaking down of numbers from management... Any takers?

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