Mainframe Entertainment (ReBoot/Beasties) Message Board

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

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To: D.E. Shetland who wrote (255)	1/16/1998 1:14:00 PM
From: Praxis	Read Replies (1) of 459

What I was referring too was their massive upgrading for their systems and the fact that it is going to cost twice as much as they thought. Regarding their schedule being filled, it is not just for their animation series but mainly for their work on Imax 'ride' films and other projects. Do you know their animation 'directors'? These are the guys who really get the work done and they're streched pretty thin as it is. I would also dispute the figure of $16 MIL in cash, according to my figures(taking into deprec, tax lia. etc.) they now have less than 4 mil. coming into Feb., also remember the work at IMAX is not a fronted deal and they get paid according to the success of the project. If you have financials(recent) that would support the cash position, could you please post them because from what I gather taking into account their full balance sheet they are actually declining their net book value per share.

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