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

To: Wafa SHIHABI who wrote (2977)	3/6/1999 10:01:00 AM
From: jerryriti	Read Replies (1) \| Respond to of 3448

Nice report. Regarding IMG, highly unlikely that the current price reflects any hopes of their Kryotech making a contribution to the top or bottom line. IMG may have promise, but it will take a major transformation in their business acumen to get the street to recognize anything more than the current price. Type of stock, you bury and hope that lightning strikes one day. Just my opinion. I exited this stock on 12/18/95 @ 22 1/2 when the FRIGC story was still alive but unfortunately kept 1000 shares (have been a couple of 2% dividends)..stock has proven to have more sizzle than substance but always lots of interesting projects. Kryotech sounds inviting, but these boys have failed to deliver and they seem to be gifted and curious engineers playing @ being businessmen. Board will come alive when they again announce some inviting innovation and raise hopes of translating their technical expertise into substantial profits. IMO, if you are in this stock stay in albeit lightly. If out, don't bother to enter!