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Gold/Mining/Energy : Image Power (IPZ.VSE)

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To: Robert van Mil who wrote (66)3/30/1998 12:35:00 PM
From: Drake   of 383
 
Thanks Robert..I saw the SH post.

I suppose he is getting a little nervous since he is a share holder and has been for 10 months. I think he sees the same problems that I do. There were some 600 Silicon Valley IPO's over the last 18 months and a lot of these companies had both good financial backing and great intellectual property as well. How many now have share prices over their opening price. I had heard that it was something like 17%.

Derek Spratt had also been with PCS Wireless (I believe)and that stock has been a real loser for the longest time so it may or may not be good to draw parallels with Intrinsyc Software.
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