[fptex] fonts conflict in fptex?

[Luis A Escobar]

I was trying to use times fonts to improve the quality
  of some of my slides and when I used the \usepackge{times}, I
  got some font problems. For example the word if is printed as the pounds
symbol (\pounds).

  See the enclosed .pdf file for a simple example.

  How do i go around this problem?

  Thanks

  Luis A. Escobar