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Non-Tech : Craig (CRG) - Vulture Pick
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To: LauA who wrote (19)1/14/1999 8:17:00 PM
From: Andrew  Read Replies (1) of 27
 
recent check into angelika houston has it doing much better. The area is now fully occupied but they said the weakness was inability to get good product. They are now getting some good product. Apparently, Houston was dominated by cineplex and that made things difficult to get good flix. With cineplex's acquisition by lowe's and RDGE's CEO Bob smerling having come out of Lowe's and with lots of contacts, they/(he) is able to get some better product. If its of any note IMO our assets are in good hands, they think the domestic market is oversaturated with theaters and will only go into a project if the #'s/returns make sense, else australia offers much higher returns.
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