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Technology Stocks : Walt Disney

DIS 108.85

+1.7%

3:59 PM EST

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To: GT who wrote (1237)	11/9/1998 7:48:00 AM
From: MoneyPenny	of 2222

I haven't seen Waterboy but the previews were definitely geared toward someone other than myself: say adolescent boys? Disney has some good movies going forward but the problems lay at the network and at the parks with the unions. I had the opportunity last week to be at a vendor show for Disney, the first DIS had put on for minority vendors (my business is a WBE). I noticed, as we got a tour of the Central Shops (where they make and restore all the rides, costumes, heads, etc.) that many of the rooms had had lost time accidents, within the last week and most had gone years before these recent incidents. I think they are going to strike. There is also going to be unpleasantness about third world labor and Disney's hand in hiring children to make Disney items. My other worry is the huge expansion of Universal Studios. I will be going there soon to bid for environmental work and will get to see what all is going on. I will not be able to post this information, I think, as everyone else I know has had to sign a non disclose agreement but I will give any information I think would be appropriate. I am painfully long DIS and very concerned as I think we may give back all our recent gains. Moneypenny.

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