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Gold/Mining/Energy : Image Processing Systems (IPV-TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Dan Hamilton who wrote (384)8/18/1998 10:06:00 PM
From: John Wright  Read Replies (1) | Respond to of 658
 
Dan, a couple of additional points. Inventory might have increased due to lower Asian demand however I'm not so sure how out-of-line $7.5m in Inventory is against an order book of $15m and if one were to assume 1/3 components/packaging, 1/3 WIP, and 1/3 Finished Goods Inventory.

Some interesting news on the glass inspection systems. Lets hope they can get the margins right on these products. Mr. Graham is als forecasting one more qtr of losses before profitability. Lets hope he can deliver after what seems to be a fairly pathetic 1998.

John