IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM?? Message Board

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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??

IMPX 4.020

+6.1%

Nov 21 9:30 AM EST

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To: Xavier who wrote (2406)	5/15/1997 2:12:00 PM
From: lml	of 2560

For those optimists, the release did include, for the first time, some positive statements by Laws: ``While we still are faced with a difficult market environment, over the last six months we have made significant progress in improving our manufacturing yields and in reducing our expenses to reflect the lower sales results. We anticipate revenues to grow in the future, based on establishing new foundry relationships that take advantage of our analog BiCMOS and high-voltage processing capabilities.'' IMHO this is a preliminary indication that IMPX has begun to turn the corner. Phase I, getting a handle on the bottom line, looks complete. Phase II, growing future revenues, appears to be the Company's focus for the next few quarters. This is good; the bleeding has almost stopped.

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