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To: Due Diligence who wrote (2190)2/4/1999 8:43:00 PM
From: Suzanne Newsome  Read Replies (1) | Respond to of 5541
 
DD, the RB board in particular seems to have quite a few people "in the know." The poster that my link refers to says that the big game in town next week is NOT just that "Speedway" is going to premiere. The critical issue, he says, is how much will "Speedway" sell for. If it's bad, the stock tanks and it's all over for the company. If the movie is good, and sells for between $15 and $35 million, the company gains revenue, credibility, and the ability to borrow money for more films. And the stock goes up. So, he says, the critical question is "How good is 'Speedway''? Next week may not be just a simple matter of selling out 2 days before the big event. The big gamble may be waiting it out through Thursday to find out what "Speedway" brings. Regards, Suzanne