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Lions Gate Entertainment Corp. Message Board

  • tmcg1367 tmcg1367 Feb 26, 2008 3:07 PM Flag

    NM studio

    What is the status/progress of the studio complex LGF was planning on building in New Mexico? Did they start construction or pass on the project?

    I have been in and out of LGF for the last few years. I got back in a few days ago and am thinking about buying much more than my usual amount and staying in longer. Every time I do my due diligence, before buying back into the company, it seems to be a stronger, more valuable and more strategically situated company. Rachesky, Steinberg, Icahn, etc., should keep management from getting carried away with salaries and options and, I would hope, won't wait forever as the value of LGF increases and the share price remains stuck in the low 9's. This is the largest independent left and competitors would stand in line to buy. I love holding this stock because, aside from the above reasons, there is no better board on Yahoo Finance, with intelligent debates/observations and very useful posts (hats off to the regulars).

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