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Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties)
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To: D.E. Shetland who wrote (163)9/17/1997 9:22:00 PM
From: D.E. Shetland   of 459
 
Interest picking up strongly. I tried to contact the company to see if there were any articles or developments that have been announced somewhere. I didn't get through to the financial area, but I was told that there has been a lot of institutional investor interest and more US and Canadian brokerage firms were starting to look at the company.

If US analysts ever got hold of this one it'd be at $20 now, without a movie or two. With a movie deal, they'd probably peg it even higher. C$20 still just gives them a capitalization of C$250mil and they'd have a revenue line around C$75-90, cash flow of $20-25, a nice bottom line, growing royalites and huge growth from 96-00. Don't forget the royalty streams that would be building.

Let's hope this is evidence a few US folks are beginning to nibble.
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