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Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties)
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To: D.E. Shetland who wrote (32)5/17/1997 1:56:00 AM
From: Richard Lam   of 459
 
Dear Mr. Shetland: I was just reviewing soem of the numbers and estimates you posted and confused how you got an expected growth rate in EBITDA of 41% when your 97E is C$17mlln while 96A is C$4.9 mlln. I'm really impressed by Mainframe's high earnings quality and the high operating leverage inherent in the business. You probably already know this, but Gundy's media analyst is very very high on Mainframe.
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