Question-and-Answer Session
Operator
(Operator Instructions). We will take our first question from Eric Wold of Merriman Curhan Ford.
Eric Wold - Merriman Curhan Ford
Good morning guys.
Rich Gelfond
Good morning.
Eric Wold - Merriman Curhan Ford
A couple of questions, just on the install trends and what you are seeing there. Just wanted to make sure I'm clear, so that none of the Regal or Dickinson were included in the nine in Q4, correct?
Rich Gelfond
Correct, they were not, Eric.
Eric Wold - Merriman Curhan Ford
Okay. On the Q3 call, at the backlog at that time there were 24 theaters that could potentially be installed or that were scheduled to be installed in '07 along with another 8 that could possibly fall in the year. I know that three of the Regal and one of the Dickinson are looking like '07 installs. Can you update us on those numbers on what the '07 looked like?
Rich Gelfond
First of all, those are sales type lease we referred to, not joint ventures. If you remember in that call, we said in addition that we were going to try and install. Our target was 11 joint ventures during the year and I think what we would like to do -- we haven't revised that guidance at this point. And I think when we have the update call in two weeks at that point we will give you a better insight into '07.
Eric Wold - Merriman Curhan Ford
Okay. But there were a lot of concerns back in Q3 with some of the theaters that got delayed in the Q4 and Q1. Does that change the things that kind of getting a little bit better and those guys are kind of short of their opening dates?
Rich Gelfond
Well, we obviously have seven installs because we announced it in quarter four. And as I said, we haven't changed the guidance we gave on the last call. And I think we will update it with current information on the next call.
Brad Wechsler
And Eric, the other thing that I would add, obviously with what happened in the Q3 of last year, we are in the process of trying to dramatically improve our ability to prognosticate exactly when installs occur. And if that means incurring a little additional expense by sending somebody actually to go visit a site and to see what the construction is in a different place in the world, we are not doing things like that.
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