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Technology Stocks : Intermagnetics (IMG) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Linzmeier who wrote (3171)9/22/1999 12:21:00 AM
From: Mark Shaw  Read Replies (1) | Respond to of 3448
 
The earnings report released today was better than usual for IMG. Looks like Glenn is doing a good job clearing out Rosner's dead wood. Problem is: not much growth in revenue. All the emphasis is on wire and mri magnets. There is only so much dead wood to be cleared. No good growth prospects on the horizon. IMG only has commodity products like Fedders Corp. Look at the price action on that sizzler. This stock is good for one thing; buying at 5 1/2 and selling at 6 1/4. Beyond that, one would be better off in Treasurys. Trust me, I know this for a fact.