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Strategies & Market Trends : DISsing DISney
DIS 110.62-0.9%Dec 17 3:59 PM EST

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To: capitalistbeatnik who wrote (23)12/6/1997 2:52:00 AM
From: paulmcg0  Read Replies (2) of 136
 
[who is buying and why at these lofty levels?]

Probably the naive Disney fanatics from Main Street USA, like Marcus... Okay, seriously now -- I suspect that some broker has been hyping the stock. You can just bet that Goldman Sachs is going to have to flog a lot of shares to get rid of all the stock they bought from Eisner. I still remember a brokerage calling me frantically to push Euro Disney stock (ticker: ERDDF) and bonds a few years back...

Paul McGinnis / Paul McG @ aol.com
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