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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: robin hood who wrote (342)	7/17/1998 4:04:00 PM
From: Luc N.	Read Replies (2) of 658

Flora, I also work in the machine vision industry and I know what a frame grabber is. THere's lots of competition out there and I don't think it would be rocket science to copy what you are doing within a year or two. I doubt it very much if your technology has high barriers to entry. Nothing Cognex or anyone using Matrox or Coreco hardware could not reproduce. This being said, it's nice to be awarded the fastest growing company in Canada but tell me where the profits are? Look at Discreet Logic, 150 million dollars U.S. in sales in 6 years and pretty of profit to show for it. I doubt it very much if IPV will reach that type of number within 6 years. Why did you go out and buy TISMA anyway? It is totally screwing up your numbers. Let's face it, when will you be profitable???? What about publishing all pertinent numbers for the past couple of quarters so we can make an intelligent decision? You never responded to my requests, are you trying to hide something?

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