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Gold/Mining/Energy : Image Processing Systems (IPV-TSE)
IPV 4.310-4.0%Jan 24 4:00 PM EST

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To: Sylvia Dupuis who wrote (616)9/8/1999 1:32:00 PM
From: Murray Nightingale  Read Replies (2) of 658
 
I had a change to talk to IR people today at IPV. three analysts are checking out the company with one from Calgary headed to see them this month for a two day visit.Another analyst has been emailing them frequently for info and asking questions. The company projects 14 cents a share earnings in 2000, and that is on the conservative side. Volume has picked up in late morning early afternoon trade. I see the stock hitting .90-1.00 by the end of the year. One year target of 2.00 based on 15x earnings. company has no long term debt.

PS. I think timing the market is not a great idea. If the companys you invest in are doing well then buy and hold is always better. Good companies always rebound. This policy especially makes sense if stock in your retirment account.
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