BPI SYSTEMS <BPII> IN TALKS TO SELL COMPANY BPI Systems Inc said it is holding discussions that could lead to the sale of all its outstanding shares for about 12 mln dlrs. BPI president and chief executive officer David R. Fernald declined to identify the other party involved in the talks. For the nine months ended December 31, BPI lost 1,286,000 dlrs on sales of 6,452,000 dlrs.