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


To: Praxis who wrote (289)2/6/1998 9:37:00 AM
From: D.E. Shetland  Read Replies (3) | Respond to of 459
 
You keep talking about the mountain of red, but they are highly cash positive. They wrote off a lot of previously capitalized expenses last quarter - a non-cash item. I figured the gross margins on the TV stuff is around 40-50%. Cash is the best indication of profitability --check your numbers again , there's not a huge deficit and the company's growth is still very rapid. Animated minutes have grown from something like 200 to 900 and they project something like 2,000 for next year. Look , I'm disappointed too, but its not so much the numbers as the growth of the project count. The wildcard is movies which they are working on with IMAX and the studios -Fox, WB, Univ, Paramt - something's bound to hit. I just wish they'd tell us about all the new projects.