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Non-Tech : IMAX 3D-the wave of the future
IMAX 35.69-1.5%Dec 5 9:30 AM EST
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To: George Sepetjian who wrote (98)1/18/1999 2:08:00 PM
From: Mel Boreham  Read Replies (1) of 170
 
George, I just bought 1000 shares of IMAXF at the end to the year after I sold another stock for a loss. Unfortunately, I paid 32 for it as it made a rapid increase in price in the last few days of Dec. I now realize that with no news to go on this rise was probably and anomaly. However, I just heard a nice presentation on CNBC on IMAX and its future potential with its expansion into the Mega Plexes at many of the new outlet malls and other mall developments as well as their standard theaters being put in new Science museums and entertainment parks and places like Las Vegas. On a call-in segment a caller asked about investing in IMAXF and the fellow who was handling the calls said that he didn't follow it, but had heard that they were keeping their theaters packed. It sounds like IMAX theaters may be showing the new "Star Wars" movie this spring and may get some theater goers to stay for another "IMAX Experience" for the investment of another ticket and 45 minutes or so. This sounds feasible to me.

I notice the stock price really hops around so maybe there will be a nice burst in activity one of these days and with that an increase to the mid-30s and higher. What is your assessment? Mel
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