\usepackage{color}
\usepackage{graphicx}
\begin{figure}[htbp]
\begin{center}
\input{lec1-ring.pstex_t}
\caption{Constructing the two sequences.}
\label{lec1:fig:ring}
\end{center}
Note that the file with the extension "pstex_t" is the one which is
included. This file includes the "pstex" file in its body.