Forum Archive Index - June 2000

["nick" <acummin@es.co.nz>]

              The company that collapsed probably went into
imax to soon, the range of films etc was very small and it
was in very early stages.  Anyone who has never been to imax will
not realise the potential of it.  The 3d effects etc on a massive screen
are fairly awe inspiring.  The range of films available is growing by the
day
and the imax in the force centre should be a genuine tourist attraction.
        Planet hollywood is up there with the hard rock cafe as a brand
and should also be good for force, and the centre in general.
     The initial news of the company collapse and the negative report
in the herald etc have probably spooked a few people into panic selling.
      There may be a few problems we dont know yet. Personally i will not
be topping up my holding in force until i know, but neither will i be
selling.
nick


> IMAX is not part of FORCE however the theartre is situated in the FORCE
> entertainment centre building in Queen ST. Yes it will affect patronage if
> it is closed however FOR have mentioned a possible purchase of it. They
> could probably get it at a good price and have all the expertise in place
to
> run a cinema. I would of think if they do purchase the IMAX theartre then
it
> would be positive for the share price - not detrimental. One point though
is
> the price charged to go to the IMAX theartre is $14 something for adults
and
> about $9 for children which is really steep hence you go once to check it
> out but not often.
> DIS: Brought FOR for IHUG deal but sold after deal collapsed.
>
> >From: "nick" <acummin@es.co.nz>
> >Reply-To: sharechat@sharechat.co.nz
> >To: <sharechat@sharechat.co.nz>
> >Subject: Re: [sharechat] Cinema deal collase
> >Date: Fri, 2 Jun 2000 10:20:16 +1200
> >
> >             Force share immediatly dropped 13% to 38
> >     on volume of around 90000 shares 40000 dollars.
> >       They have come back to   40 thoufgh on 180000 volume.
> >                 There should be plenty of resilience in the price,
> >      cant imagine anyone wanting to sell for less than 40c
> >
> >                  nick
>
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