Hi YOYO! Yes, I think the TV / Cable can be very productive. But it is my impression that DFNL just has to take everything one step at a time.
In other words, they have many opportunities and many things that can be very profitable, but they only have the cash flow to take on one project at a time.
As each project develops, it should provide additional cash flow to follow through on other projects.
The good thing here is that their overhead is very low. They don't have the cost of goods that most companies would have because they already have the film libraries.
The film libraries, in my opinion, should be a real "cash cow" for DFNL. I think that will really get them moving, especially if they can report positive earnings quickly from them.
I believe they expected to report a small profit for 1997, but we will have to wait for the 10-Qs or the 10-K to know for sure.
I think they could have substantial earnings for 1998 from the video releases alone.
I suspect we will see DFNL start to draw more interest in late Feb or March when they can start to talk about how the 1Q is going.
If the 10-K for 1997 comes in favorably by April, it could get much more interesting, especially with only... what is it... 4.5 million shares outstanding!!
Those are just my personal thoughts and opinions for now. As always, I could be wrong. I will continue to watch this one closely.
Best wishes,
Brad |
