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“Is this as good as it gets?” asks the Jan. 29, 2010 report on the U.S. box office, as prepared by investment advisor Gabelli & Company, Inc. ( www.gabelli.com ). “In short, no.” Gabelli media/entertainment sector analyst Brett Harriss offers even more upbeat news about the cinema business: “While the industry has benefited from a blockbuster 2009 box office, we continue to recommend the exhibitors. We like the combination of low valuations, stable free cash flow and catalysts of 3D adoption and digital implementation.” Regarding the latter two items, Harriss previously noted on Nov. 4 that ...
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