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Non-Tech : Image Entertainment (DISK) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Fraser who wrote (144)	7/7/1998 4:18:00 PM
From: William T. Katz	Read Replies (1) \| Respond to of 379

I think we missed a buying opportunity on slip back. I had a limit order at 6 7/8 and it never got filled :( I know I should have got another 1000 shares at 7. News would be great but there is the possibility we won't get news right away. This stock is moving on both hype and fact. The fact is that DISK is doing well with DVD, hurting with laserdiscs, and getting into internet direct sales together with a fully automated modern distribution center in Las Vegas. Those are facts. Those alone should send this stock higher, esp. the internet direct sales. The hype is the rumor they bought an internet commerce company to help them implement their internet strategy. If the hype is true, the stock will rocket. In any case, we are still in the middle ground where DVD has not quite made up for laserdiscs.