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


To: kormac who wrote (3300)2/28/2000 1:30:00 AM
From: Robert Florin  Read Replies (1) | Respond to of 3448
 
How about this for the reason. Notice that if IMG had anything at all to say about its superconducting products for the wireless industry, we would be at 5 times it's current price. That would make the stock worth $100. Perhaps someone should contact the company for the issuance of a general announcement and we would all be 5 times richer tomorrow.

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Superconducting wireless stocks surge

By Tomi Kilgore, CBS MarketWatch
Last Update: 4:44 PM ET Feb 25, 2000 NewsWatch
Airline stocks

SUNNYVALE, Calif. (CBS.MW) -- Shares of superconducting wireless stocks soared on Friday, extending their recent meteoric rises.


Conductus (CDTS: news, msgs) powered up 17 15/16, or 37 percent, to 66 7/8 and Superconductor Technologies (SCON: news, msgs) shot up 20 5/8, or 44 percent to 67 1/2.

On Wednesday, Conductus rocketed 23 11/16 higher after its ClearSite system showed a 50-fold increase in cell site coverage at a CDMA cell site. On Thursday, Superconductor boasted that its Super Filter II product showed a millionfold increase in interference rejection compared to common conventional filters.

Since the beginning of the year, Conductus has soared 469 percent and Superconductor has run up 1,285 percent. The companies make superconducting products for the wireless communications industry.