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Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties)

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To: Sleeperz who wrote (87)6/27/1997 5:19:00 PM
From: D.E. Shetland   of 459
 
Yeah. I was told that one of the underwriters had a sales meeting and the analysts answered questions. He had an intermediate price objective of $13.00 based on all the known and contracted TV, IMAX, Game royalty and merchandising income. The new show and the new season of BeastWars added nicely to the revenue/income line. The big upside though is still more TV series or a movie of two. The analyst had a $20 target if a movie gets closer to realization. I suppose that would mean a distribution deal.

Those who know the company and what they must be seeing in the pipeline continue to be very, very positive. I guess we just have to watch and wait. At least we know they are fully contracted for 900+ minutes of animation this year --an incredibly output. One July development we know will be the reception to the first viewing of Reboot 3. I think it's in the UK. If it's as good as everyone says, it could give a shot in the arm to their largest property.
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