\starttext
\placefigure[inner]{A figure}{\framed[width=5cm,height=5cm]{Image}} 
{\em This will mess up the rest.} \input tufte
\starttext

Does this complete the subminimal example?
You can download and inspect the output (72KB): www.ogbasel.ch/ 
jhtest.pdf
If the first sentence is not emphasised (or bold, slanted ..), it  
works as expected.

Thanks again, Jörg

On Jan 25, 2007, at 1:14 PM, Thomas A. Schmitz wrote:

> Could you make a complete minimal example? (http://www.latex-
> einfuehrung.de/mini.html) I don't see what your problem is.
>
> Thomas
>
> On Jan 25, 2007, at 12:18 PM, Jörg Hagmann wrote:
>
>> Dear list members,
>>
>> I noticed the following problem: text doesn't float around an
>> image, when the paragraph starts with {\bf or \em etc} instead of
>> unchanged font. (The text is placed on top of the image). A minimal
>> example:
>>
>> \placefigure[inner]{A figure}{\framed[width=5cm,height=5cm]{Image}}
>> {\bf This will mess up the rest.} \input tufte
>>
>> I don't know whether it's only my version of context, because in
>> "context live@contextgarden" I get:
>>  (return code : 25
>>               run time : 0 seconds
>>
>>         total run time : 0 seconds
>>
>>                warning : use 'texmfstart texexec' instead
>>
>> but no pdf (I get this with anything, has nothing to do with this
>> particular problem).