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Focus on Entertainment Stocks

Company Town

May 03, 1994

Market trends: Iwerks Entertainment announced third-quarter losses of $891,918, on $10 million in sales for the quarter; Hemdale Communications announced profit for 1993 of $652,000, on $21.4 million in sales for the year; Carolco Pictures reported losses for 1993 of $64 million, on $108.3 million in sales for the year. Carolco did not have any theatrical releases in 1993.

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