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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: axial who wrote (559)6/6/1999 11:59:00 AM
From: B. Kelly  Read Replies (1) of 658
 
Two quarters out you will be very happy with your investment. IMO this company has excellent prospects going forward.

Your next opportunity to buy may be on a dip once the cost of getting rid of the last major problem becomes known. However, I expect anyone owning shares now knows there is a price to pay for getting the problem behind us.

My expectation is there will be few shares to pick up on a dip because too many people like me believe this is the floor. I have bought lots at these prices, any lower is a gift.

The only issue I see going forward is the need for capital to keep growth going once the strong and building order book is transformed into substantial growth numbers. It will take some time to get there but excellent management will do the job for us.

Bryan
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