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Non-Tech : Iwerks has turned around

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To: Rainman who wrote (3)7/26/1996 5:39:00 PM
From: Gary105   of 52
 
More news. Earnings should be out by the middle of the 2nd week in August
rather than the end. The management team is solid. Only the CFO is leaving.

The last quarter was an anomoly - a better way of looking at things is the combination of the 3rd
and 4th quarters.. The company is "comfortable"with street estimates of 3 - 5 cents per
share in the last quarter (every time they said that to me, they have exceeded it).

They are really selective about the deals they are cutting, a very positive sign of growth without repeating past
errors. My outlook has gone from neutral to very positive on this company.

Gary
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