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

To: D.E. Shetland who wrote (203)	12/2/1997 4:09:00 PM
From: Sleeperz	Respond to of 459

>>>I've been trying to get more info today, and what I've been able to get from my Toronto contact is that the TV property they have got is a large deal in episode/revenue/earnings terms and with well known partners. That's all he could get for now, but he was trying to find out more.<<< But Mainframe is located in Vancouver not Toronto. Sounds like another contract job. I thought MFE didn't have time for these. MFE has not come up with an original idea since REBOOT. Can't develop a profitable internal library that way. MFE is already working on a contract, the TV show for Shiny. Seem like more people want to get out of MFE. Its overpriced considering the action after the IPO. cl

To: D.E. Shetland who wrote (203)	12/2/1997 4:15:00 PM
From: Sleeperz	Read Replies (1) \| Respond to of 459

>>>I've been trying to guess what "big deal" means and I would assume it's for at least 20 episodes or so. If it's anything like the existing deals (and using the companies figures) that would mean something between C$10mil and 12mil in revenues.<<< If you take a look at the latest quarterly report, 9 episodes of Reboot brought in $3.4M in Revenues and a big loss. 11 episodes of Beast Wars a year ago brought in $4M in revenues and a measly .02 in eps. So 20 episodes is no more than $8M and at least 2 years in bringing any profits and will most likely supplement a weak quarter. Looks like the Revenues per episode is ~$370,000 with very low Gross Margins. cl