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Technology Stocks : Imation (IMN)
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To: levy who wrote (69)5/29/1999 9:45:00 AM
From: Snow Shoe  Read Replies (1) of 103
 
Couldn't agree with you more. If IMN can demonstrate consistent earnings growth we should see some upgrades. With the asset sales and restructuring of the last year essentially over, and a clear vision of the direction for this company being formed, there is a strong probability of this coming to be. A good sign is that analysts have finally reversed the trend and are now increasing their estimates for future quarters. And of course by the time we do see upgrades, there will have been some pretty substantial share price appreciation. This is a definite value play with minimal downside.
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