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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: Ciao who wrote (626)9/15/1999 11:07:00 PM
From: axial   of 658
 
Ciao - I'm expecting growth towards $0.15/shr. Next quarter should see $0.08 per share, leading to a price of .08 x P/E of 20 = $1.60.
However, there's a possibility for upside surprise, maybe earnings of $.10/shr. With the improved margins, and sales, earnings will get larger, fast. A lot will depend on the rate at which IPV can fill the backlog, and turn sales into revenue.
Regards, JK
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