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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: thomas a. burke who wrote (765)	7/27/1998 6:10:00 PM
From: LegalBeast	Read Replies (1) \| Respond to of 5541

I am really surprised at the daily activity. Was this an occasion of "sell on the news?" Surely, a sequel to a real money maker starring the son of the moneymaker should inspire a higher price! At this rate, no news is better .... any ideas on what gives?

To: thomas a. burke who wrote (765)	7/27/1998 11:05:00 PM
From: Suzanne Newsome	Read Replies (1) \| Respond to of 5541

Want to invest in Warner Bros.? The weekend "Lethal Weapon 4" opened, an article headlined "Do Stars' Deals Pose a `Lethal' Risk to Studios?" by Claudia Eller and James Bates of the LA Times was printed in the local newspaper. According to the authors, "Lethal" will have to make $300 million at the worldwide boxoffice to earn a respectable return for the studio. Production costs are $120-135 million, and worldwide marketing costs are $50 million. Perhaps one thinks that blowing things up is what drives up costs. Actually blowing things up is not that expensive in the world of movies. But big-name stars, directors, and producers who get substantial "back end" deals are expensive. Star Mel Gibson usually gets $20 million against 20% of the studio's gross earnings, director-producer Donner $6 million against 10%, and producer Silver $1.5 million against 5%. And there are still more multi-million dollar earners in the film! Videocassette sales are where the studio has its best chance to eventually turn a profit. Something to chew on while we wait. Regards, Suzanne