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Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties) -- Ignore unavailable to you. Want to Upgrade?

To: JAMES BORECKI who wrote (195)	11/25/1997 11:55:00 AM
From: D.E. Shetland	Read Replies (1) \| Respond to of 459

I disagree. Waiting (patience) is what will pay off for a developing investment. I would agree if what we are looking for wasn't going to have a huge impact on the companies prospects and image, but there's enormous leverage for MFE for every new project beit more TV or a movie. It looks to me like the shareholders are the patient type who understand this and aren't looking to bail-out and trade the share just because it isn't moving. They, like us, must be looking for the potential in 1998 of doubliing their money as projects get announced. Hollywood is notoriously slow, but MFE, according to the PR folks and managment, is analyzing over 20 different projects. I'm sure they are in various stages, some near to finalizing and some very early ones. Having a couple highly rated shows and exhibiting the production efficiency they have should land them a few nice, large projects. We just have to be patient and let the Hollywood matchmaking process continue. I don't think management would openly state these large projects in an earnings announcement (even with the attached statement) if they didn't think there was a project or two close to fruition. With the success of Anastasia at the box office, I'm sure there's plenty of studios who want eye-catching, highly profitable animation projects signed up for 98, 99 and 2000.