3-D Leader RealD Coming to Wall Street?

We told you not that long ago about the climb in IMAX stock after Avatar broke all those box office records. Wall Street is reacting to movie technology. The Los Angeles Times reports that the privately held RealD will go public this summer. While a company spokesman had no comment on the "rumors and speculation," it is believed that JP Morgan Chase and Piper Jaffray & Co. will handle the initial public offering, which is expected to happen by the end of June. The IPO "would seek to raise as much $1 billion, allowing its principal investors to cash out," writes the Times. "Shamrock Holdings, investment arm for the late Roy Disney, invested $50 million in the company, which launched in 2003." RealD has been the format of choice for Avatar and Alice in Wonderland, easily the two linchpins of this whole trend. That trend, of course, is booming now but it will only get bigger by the end of this year. So this move is coming at just the right time. You saw that name Disney above, so when you look for Toy Story, TRON, and even Step Up, all of them will use RealD, and the proposed IPO is scheduled right around the time Toy Story 3 comes out. Coincidence? So save your nickels and dimes and get in on the action later this summer. If it happens (which it probably will).