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Technology Stocks : Walt Disney

DIS 104.47

+1.0%

Nov 28 9:30 AM EST

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To: Captain Jack who wrote (1834)	8/17/1999 4:16:00 PM
From: Wally Mastroly	Read Replies (2) of 2222

Eisner may be 'out to lunch', but at least there's a start on cutting costs: biz.yahoo.com "..Also, Eisner and Disney Chief Financial Officer Thomas Staggs have clamped down on spending as part of a larger plan to shave $500 million or so in costs... ..Departments have been ordered to cut travel expenses by 20 percent, purchasing is being leveraged to get the best deals, the ailing Disney stores now have specific performance targets and departments are having to present a strong case when they want to make a major capital expenditure, the newspaper noted..."

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