Image Processing Systems (IPV-TSE) Message Board

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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: Luc N. who wrote (536)	5/6/1999 8:53:00 AM
From: Robert van Mil	Read Replies (1) of 658

Luc; Can't agree with you completely. They have lost lots of money, and a lot of that may well be poor management. But they have also proven a few important things. They have shown us that they have technology that is in demand, and that there is a large number of blue chip customers willing to buy it. They have managed to grow at an amazing pace. They have the product, and they have the demand. Obviously, all that means very little unless they can turn around and show a profit. But they have also shown us that they recognize that, with a change in management and a large restructuring effort. Maybe we should give it some time, and see if they can turn things around. I have also lost money on this one, but I do have a feeling it has turned a corner with the changes made. All the best, Robert

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