\documentclass{ppex}
\nonstopmode
\usepackage {pstcol,pst-char}
\pagestyle{empty}

\begin{document}
\ResetPreambleCommands
\ReadyForTheFray
\usepackage {pstcol,pst-char}
\definecolor{lightblue}{rgb}{.68, .85, .9}
\begin{pspicture}(0,-1)(8.7,2.5)
\fontfamily{ptm}\selectfont
\pscharpath[fillstyle=solid,linecolor=red,
       fillcolor=lightblue,linewidth=2pt]
{\fontsize{1.5in}{1.5in}\selectfont \LaTeX}
\end{pspicture}
\end{document}