Split next year? It depends.
1) EuroDisney is still a problem, but Disney should start getting some return soon - I recently read Disney is now the #1 tourist spot in Europe, eclipsing Paris. I hope Disney builds that year 'round "destination" park in sunny Spain.
2) ABC Network: by the time Disney took over ABC it was in 3rd place, although still #2 in profitability, they must turn that around.
3) General stock market conditions, of course, play a big role.
Pluses:
1) Any rebound in #1 & #2 above
2) Animal Kingdom opening
3) Filmed entertainment, especially animated features look strong.
Other:
Launching of Disney Cruise Line - who knows?
I have owned Disney since the mid'80's and I expect about a 20% return over time. It is simply the most recognized and valuable brand in the world.
Check out worth.com
97/06-The 50 "Global" Blue Chips
By Jim Jubak
"To compile a list of the world's 50 best
stocks, we turned to the equity-research
staff at Morgan Stanley, which actively
follows more than 1,650 companies
worldwide. Even better, its network of
175 economists, strategists, and analysts
had just completed a six-month special
project to identify 238 corporations that
possess a "sustainable competitive edge"
in the global market--the discreet way an
investment-banking outfit like Morgan
Stanley describes emerging monopolies."
The Mouse is there - smiling. (+Still rated a timely buy).
Regards |
