Mainframe Entertainment (ReBoot/Beasties) Message Board

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

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To: Sultan who wrote (308)	2/26/1998 11:38:00 AM
From: D.E. Shetland	Read Replies (1) of 459

There's more info in previous posts going way back. They have most of the IPO proceeds still in cash so have good staying power and they don't risk capital on production projects. They only bring in partners and get them fully funded before proceeding. I'm sure there's some development "investment", but it can't be large and gets expensed anyway (I think they wrote some off last quarter). They're building up a good name for themselves in many areas --TV , IMAx, RidFilms, Games and longer length projects like movies and videos. We've all been waiting for some of these announcements, but the industry has identified them as partners on a few projects. Your comparison is apt, because these things build exponentially over time and create a powerful earnings effect --like Cinar built up. So this is a bit like Cinar 5-6 years ago. The prospects look decent over the next 12 months if they can get some of the shows they've talked about finalized with other parties. It should grow the companies earnings quite a bit. --check out their web site for more info.

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