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Technology Stocks : Walt Disney

DIS 103.41

+0.1%

Nov 26 3:59 PM EST

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To: Wally Mastroly who wrote (1835)	8/17/1999 8:11:00 PM
From: Feathered Propeller	Read Replies (1) of 2222

WM: clamped down on spending as part of a larger plan to shave $500 million or so in costs... Well...I guess one has to start somewhere... Let's see... $500 million is less than half of what he has shelled out to Katzenberg and Ovitz...just in termination costs...correct? Large increases in cost with questionable increases in performance can be tolerated only for race horses and fancy women. --Lord Kelvin

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