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Strategies & Market Trends : Value Investing
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To: Dale Baker who wrote (14982)7/31/2002 10:20:32 AM
From: Paul Senior  Read Replies (1) of 78627
 
After considering DIS further, I've decided to open a very small position at current price. My intent would be to lag in as the stock drops.

It's still a very expensive company based on p/e. I'm not so sure about management either - their competence or whose interest they serve.

Perhaps it's almost always an expensive company - that brand and franchise are so strong.

Hard for me to envision DIS not moving up from current levels if the stock market recovers. OTOH, it IS hard for me to see the stock market recovering -g-.
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