PEDG - RADAR FOR NEWS IN THE AM. GONNA BE HUUUUUGE! http://finance.yahoo.com/q?s=PEDG.PK PrimEdge, Inc. has been rated "Speculative Buy" with a target price of $4.00 by Beacon Equity Research Analyst, Lisa Springer, CFA.
Anyone interested in receiving alerts regarding PrimEdge research should email members@beaconequityresearch.com with "PEDG" in the subject line.
In the report, the analyst writes, "PrimEdge, Inc. is a diversified holding company that operates two recently acquired, majority-owned subsidiaries. DigiKidz produces and distributes family entertainment DVDs. Orangebox Entertainment provides digital production and post-production services to the entertainment industry. In March, the Company announced significant new production projects with leading entertainment providers such as SCI FI Channel, Disney Channel, FOX Broadcasting, Spike TV and A&E Television Network. The Company is also working on feature film projects for Deviant Films, New Line Cinema and LionsGate Entertainment that position PrimEdge for significant 2007 revenue growth."
Other public companies involved in various aspects of film production and/or DVD production include DreamWorks Animation (NYSE:DWA - News), Marvel Entertainment (NYSE:MVI - News), Image Entertainment (NASDAQ:DISK - News) and LionsGate Entertainment (NYSE:LGF - News).
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