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To: Kaliico who wrote (86976)	5/6/2003 3:08:10 PM
From: ALTERN8	Respond to of 208838

That's $14 for the target - even better.

To: Kaliico who wrote (86976)	5/6/2003 3:34:27 PM
From: hotlinktuna	Read Replies (2) \| Respond to of 208838

Gees! I'd quit following it also...did well with it back when...and yes on XMSR and SIRI being very tradable...wish I could be here all week this week! But, I'll miss Wed -Fri every week to work...tuna

To: Kaliico who wrote (86976)	5/6/2003 5:45:39 PM
From: WhatsUpWithThat	Read Replies (1) \| Respond to of 208838

May be a good opportunity to get back into IMAX shortly if indeed this distribution creates a pullback: Imax Corp IMX Shares issued 32,973,366 May 6 close $11.00 Tue 6 May 2003 News Release Mr. Richard Gelfond reports IMAX CORPORATION REPORTS DISTRIBUTION OF SHARES BY THE WASSERSTEIN PARTNERS FUND UNDER THE TERMS OF ITS PARTNERSHIP AGREEMENTS Imax has been notified by Wasserstein Partners LP that the firm has distributed to its limited partners the approximately 8.2 million shares of Imax common stock that investment funds it manages hold on their behalf, excluding shares owned by the firm directly. The shares were distributed under the terms of partnership agreements between Wasserstein and its limited partners that originally expired in 2000 and, after annual extensions, were set to expire in August, 2003. A representative of Wasserstein informed Imax that the firm has no current intention of selling any of its approximately 1.3 million shares held directly and may purchase additional Imax shares from time to time. Commenting on the announcement, Richard L. Gelfond and Bradley J. Wechsler, Imax's co-chairmen and co-chief executive officers, said: "The Wasserstein fund has been our partner since our acquisition of Imax in 1994. We are pleased that Wasserstein will remain a substantial shareholder while providing its limited partners with necessary liquidity under the terms of its partnership agreements. We understand that this distribution is a natural part of their investment partnership and are committed to working with Wasserstein to ensure an orderly distribution of the shares." Imax has also scheduled a conference call Wednesday, May 7, 2003, at 9 a.m. ET to discuss the specifics of the distribution and its strategy for facilitating the sale of any of the distributed shares that reach the market. The company's plans include meetings with analysts, discussions with Wasserstein's limited partners and a targeted outreach to potential investors. "We believe, based on numerous discussions with investors over the last several years, that there is significant demand for the shares should they come to market," said Mr. Gelfond and Mr. Wechsler. "We plan on contacting and visiting the institutions that have expressed such interest and hopefully facilitating bottoms-up demand for any shares that become available." On Monday, Imax reported stronger-than-expected first quarter results and detailed its recent accomplishments, including the release of the next two chapters in The Matrix trilogy to Imax theatres this May and November. "In the long run this distribution is extremely positive for Imax," said Mr. Gelfond and Mr. Wechsler. "The removal of a large overhang on our stock as well as the increased liquidity outweigh any short-term pressure on the stock that may occur." To access Wednesday's call, interested parties should call 913-981-5571. A replay of the call will be available by dialling 719-457-0820. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com