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

To: John Wright who wrote (415)	9/2/1998 9:07:00 AM
From: D. Peter Vanderlee	Read Replies (1) \| Respond to of 658

I certainly understand why you don't yet share my confidence about the company, John, but I'm sure the performance of both IPS and its management (raising money, increasing sales, controlling costs and staying focused on profitability) through the next few months will bring you back to a "buy" mode. Another personal reason for my confidence is the appointment of Terry Derrico as COO of Tisma. A veteran manager from GE (and thereby a "graduate" of the Jack Welch School of Management), he's already had a terrific impact on turning Tisma's fortunes around and I think will play an important and growing role in further developing IPS. It's been my pleasure to have met Terry on at least a couple of times, and both sessions left me more than favourably impressed.