Walt Disney Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Walt Disney

DIS 104.47

+1.0%

Nov 28 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joana Tides who wrote (1423)	1/19/1999 5:24:00 PM
From: Blair P. Houghton	Read Replies (1) of 2222

I think DIS's only vulnerability is against earnings expectations, and those are rumored to be callously low right now. The Internet thing is only one of many reasons DIS is coming back (today was an across-the-board upward ramp starting about 2 p.m., so no linkages can be seen attributable to SEEK or DIS from today's movement). That is, DIS is a solid company with a new set of fundamentals that we will discover in the coming report. It's not vulnerable to Internet Bubble Bursts, because it got SEEK and Go.Com for a song. Hopefully, the corporation has provided slightly conservative guidance to the Analysts, and DIS will beat estimates by a few cents. Then this week's $35-37 range can be seen as an extremely strong period of "basing" and we should see no dips below 34, much less 30, in the future. --Blair "No chandelier here, dear."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next