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Non-Tech : IMAX 3D-the wave of the future
IMAX 35.61-3.3%Dec 2 3:59 PM EST

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To: Thomas Kelly who wrote (120)2/10/1999 2:26:00 PM
From: Mel Boreham  Read Replies (2) of 170
 
All Imax longs... What a disaster of an investment! Seven Strong Buy Recommendations when I bought at 32 about six weeks ago! Now a downgrade today from Bear Stearns from Buy to Attractive and then Goldman Sachs changes its mind and rates IMAXF a Trading Buy from Outperform! These analysts sure can manipulate the price of the stock. Not a very encouraging earnings report either... Earnings will be flat for year and old Disney flick to be touted as a "new" release for the year 2000. All this and Y2K too! Amazing how fortunes change with this company. Feeling low... Mel
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