SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JAMES BORECKI who wrote (145)8/21/1997 1:20:00 PM
From: D.E. Shetland   of 459
 
JimBo --Hang in there. There must still be some investors that don't really know what they own. They probably listened to their broker and did no real research. I'll have to admit, I thought the share would have a nice after-market myself given the interest expressed on the deal. The company has done everything right since going public --they got a new TV series with possible toy-royalty upside (I'm speculaating), the EA game was delivered, IMAX 1 was delivered, they got Beast Wars for a second season and ReBoot is cranking up.

It looks like the overall market just conspired against us --There's little interest in smaller stocks and it was easy for the flippers to bail - thus hitting the bids down. It hasn't helped that the research is scant either. I see other garbagey companies with dim prospects with market caps 2-3 times MFE. Nobody seems to be focusing on the big-ticket stuff coming up --a movie or two. They've been very forthright about the interest shown in their ability to crank out CGI cheaply and timely and how at least one project (Seahorse) is under development. My bet would be that as soon as they start getting close to go-ahead stage, the share will surge.

There's just so much going for MFE -more TV shows, games, ReBoot rebirth, movies. In 12 months MFE is bound to tell us more about these areas. But I don't expect the share to do much now without a little "show-me".
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext