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PSDs made by convert are not openable

Posted: 2006-08-15T13:40:50-07:00
by stallion
If i run convert *.png test.psd on a bunch of pngs the resulting psd file cannot be opened in photoshop

I get the error

There was a problem reading the layer data.

Read the composite data instead?

and if I say read composite data I get an error message

Could not open "The File" because the file is not compatible with this version of photoshop. wether I use photoshop 7 or photoshop 9?