Walt Disney Message Board

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Technology Stocks : Walt Disney

DIS 103.41

+0.1%

3:59 PM EST

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To: Zoltan! who wrote (1977)	5/3/2000 4:56:00 PM
From: Dale Geffrey	of 2222

Great earnings release. We moved up to 41 in after hours trading. Wednesday May 3, 4:29 pm Eastern Time After the Bell - Disney gains after earnings NEW YORK, May 3 (Reuters) - Shares of Walt Disney Co. (NYSE:DIS - news) gained ground in after-hours trading on Wednesday after the media and entertainment giant posted a 31 percent rise in second-quarter net income, excluding Internet portal Go.com. The shares traded at 41 on Instinet, traders said, compared with a closing price of 40-1/4 on the New York Stock Exchange. Disney, one of the 30 stocks in the Dow Jones industrial average, fell 2-5/16 during the regular session amid a broad sell-off. After the market closed, Disney said it generated earnings of 18 cents per share on revenue of $6.2 billion during the quarter to beat Wall Street's profit target of 14 cents per share, according to First Call/Thomson Financial. Dale

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