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Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties)
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To: JAMES BORECKI who wrote (100)7/15/1997 12:23:00 PM
From: D.E. Shetland   of 459
 
You're correct. The big move, which I do believe will come, will be large and quick, and it will be on the back of more announcements. You're in a good position when you can point to two top-ranked shows --both getting good reviews for their story lines as well as high quality and eye-catching animation. They still have to announce the closing of the deal with the European partners (the third show). That should help, but a new show or further developing the prime movie or a new movie is all good news. I think the interest will build quite rapidly, especially as analyst reports come out.

Someone also said there was an article in a European newspaper about MFE that was complimentary to their ability to create such high-quality animation quickly. Reboot3 started showing in UK, maybe that's what prompted the article. The quote I heard was from the CEO, Chris Brough, who said "...we like to underpromise and over-deliver...". If that's the case, they must have 20-30 developments in front of them! No doubt they're in demand and will get a few more projects up and going this year.

You know how these things go. It sits around with everyone knowing the company is developing, but nobody willing to pay up. Fat, slow institutions would rather give up the first 10-15% and then jump in for the next 20-50%. Not much one can do except get set.

By the way, anyone hear about Reboot3 reviews in England?
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