SHOW (NASDAQ-regular)----Showscan Entertainment Message Board

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Microcap & Penny Stocks : SHOW (NASDAQ-regular)----Showscan Entertainment

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To: Gerald L. Kerr who wrote (21)	6/23/1998 8:42:00 PM
From: M. Frank Greiffenstein	Read Replies (2) of 95

New SHOW release, different spin... Tuesday June 23, 6:05 pm Eastern Time Showscan has held talks on combination LOS ANGELES, June 23 (Reuters) - Showscan Entertainment Inc. said it has held talks with third parties about a possible business combination, but there are no talks on at the moment. The producer of movie-based entertainment attractions said there was no assurance negotiations will begin with any party, or that a definitive agreement will be reached. In late March, Iwerks Entertainment's shareholders rejected the company's bid to merge with Showscan Entertainment Inc. Iwerks had agreed in August to buy Showscan. Showscan said on Tuesday that it will make no further announcements regarding the status of any business combination unless and until a definitive agreement has been reached, or until all discussions or negotiations with respect thereto have been abandoned. COMMENT: This time it says "no talks at the moment", but the other story said "no negotiations at the moment." Also, different headlines. Maybe the difference is just accounted for by two different reporters with different styles. Or, SHOW recognized the implication of saying "no negotiations" (meaning they are talking with somebody, just not down to hard negotiaitons) and decided to change the wording. What I find fascinating is that SHOW does not come out and say "We are not talking to IMAX at this moment." Maybe I am reading too much into this, but Trippi does PR as a living, I think he knows of what he speaks. DocStone

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