This morning we had our company-wide annual meeting. If you aren't already aware, I currently work as an Assistant at Lionsgate Entertainment in Santa Monica, CA. I made sure to arrive good and early so as not to draw attention as the guy arriving late. While I didn't intend to have a front row seat, when no one else was sitting in the front, I figured what better place to sit. It's not like going to the movies, where you want to sort of sit towards the middle. It's not really like school, where you want to sit in the back so the teacher can't see you. At work, you are hoping to be seen. While I know I'm not really on the radar of those speaking (CEO, President, etc.), I wouldn't mind them remembering my face when I am.

The overall sentiment during the meeting was extremely positive. The company has grown immensely in the first year I've been here, and has grown even more substantially since Jon Feltheimer became the CEO of the company in 2000. I can say with absolutely honesty that this company is great to work for. While the pay is still a little less than some of our competitors, the benefits are incredible, and the potential for the future is through the roof.

Below I have included the first page of an article from TheStreet.com that came out today. Here's a nice quote from the 3rd page of the article:

P.S. Even in a recession, this stock could still make you money! Cramer believes this stock is undervalued, recession-proof and poised to deliver +30% in the next year, regardless of the state of the economy.

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Lions Gate Makes New Charge
By Nat Worden
TheStreet.com Staff Reporter
10/1/2007 12:57 PM EDT

If you want to invest in the movie business, never mind the studios behind Spiderman, Shrek and Pirates of the Caribbean. Look to the little lion instead.

Wall Street has been mesmerized by the record-breaking summer blockbuster season powered by big-budget hits from the media titans like Disney (DIS - Cramer's Take - Stockpickr - Rating), Viacom (VIA - Cramer's Take - Stockpickr - Rating) and News Corp. (NWS - Cramer's Take - Stockpickr - Rating).

When it comes to their stock prices, however, the success of these franchise favorites too often gets buried within the consolidated results of sprawling conglomerates coping with a host of problems in other businesses.

That hasn't been an issue at Lions Gate Entertainment (LGF - Cramer's Take - Stockpickr - Rating), one of the last remaining pure-plays on filmed entertainment. Lions Gate is known for making cheap movies with a lower profile and turning them into highly profitable offerings, but in recent months something went wrong.

While its huge media rivals enjoyed the biggest summer in box office history, Lions Gate suffered a losing streak for which it was punished by investors. Its films -- like Slow Burn, The Condemned, Delta Farce, Bug, Hostel 2 and Bratz -- fizzled. Its stock shed about 15% over the course of the season.

"We didn't put our best foot forward this summer," conceded Michael Burns, vice chairman with Lions Gate, at a recent media conference in New York City.

On a conference call following its first-quarter earnings release in early August, Burns estimated those six films will wind up costing the studio just $15 million. Meanwhile, he predicted the next batch of movies would pick up the slack and give the company its strongest fiscal year ever in 2008, with a domestic box office target of $400 million.

So far so good. The company's offbeat comedy starring Jessica Alba and Dana Cook, Good Luck Chuck, in which Lions Gate only invested $19 million, opened last month and brought in a respectable $14 million at the box office in its debut. That exceeded expectations for Oppenheimer analyst Thomas Eagan, who predicts the company will earn $12 million to $14 million on the title.

Good Luck Chuck followed the strong opening of Lions Gate's Western remake 3:10 to Yuma. That movie led the box office in its early September debut with $14.1 million and continues to be strong. In August, the company released the action movie War, another solid performer.

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Also, here is funny guy who works at Lionsgate as a software programmer. He wants to know "if you think this Indian guy can dance?" RAMKI HAS TREMENDOUS FACE!!