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


To: Jim Fraser who wrote (248)11/13/1998 3:09:00 PM
From: William T. Katz  Read Replies (1) | Respond to of 379
 
Yes. I assume you are trying to figure out when the are confident they will be shipping from the new warehouse. It's Dec 31. Read the raw SEC filing. It is very illuminating.

Some things I didn't know:

- Ken Crane Jr. is getting over a million bucks as a signing bonus.
- The unused portion of the Las Vegas land had been under contract for something like $3.5 million, but the buyer has since decided against it. Image Ent. has decided to keep the land as an investment, and more than likely, as additional land for expansion if things go really well.
- The DTS business is not nearly as miniscule as I thought. We are talking upper 6 digit figures here in revenue, and I know a lot of potential DTS customers who haven't bought yet (like me).
- Look at the reel.com site and check out known DISK exclusives (e.g. any Playboy DVD). You'll see that they are all "special order"... when the new warehouse comes on line, you can be that all of those will turn into "1-2 day delivery".