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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 (558)	6/6/1999 3:59:00 AM
From: axial	Read Replies (1) of 658

To the thread - Just spent 2 hours reading posts from mid-'97, when IPV was $2.50/shr., to the present Pretty sad story. I suspect that the sale of Tisma represented another loss for IPV; the market sure didn't react very positively - price fell from .71 to .65, so I suppose there'll be another writedown. Still, sales are up, margins are up, and I think that by 2000 we'll see earnings of .15/shr if the Asian recovery sustains itself...plus IPV has a new CEO, a more diverse customer base, and has lost the parasitical influence of Tisma. I bought at .70, and I'll be buying more on dips. My own guess is that the worst is over...let's hope so, anyway. Would appreciate any comments, if there's anyone left alive on this thread!Regards,JK

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