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Non-Tech : RFD: Time to think about Disney, Pepsico?

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To: Alex B who wrote (29)10/4/1996 5:59:00 PM
From: Mary Ann Shubaily   of 54
 
DISNEY FINALLY BROKE OUT OF THE $64 RANGE AND CLOSED ABOVE IT...SO LOOK FOR IT TO GO BACK UP TO $70 SOON!
If technical analysis really works, then this stock should break out and move up from here. It has bounced off the 63 range quite a bit and finally broke free today. Also, Disney is repurchasing a large chunk of their shares. I live here in Orlando and this place was packed all summer... Our daily paper said that the hotels were turning people away due to the fact that they were so full. Disney has also entered the time-share business, and they don't even have to advertise...people just ask them about it. And, with their time shares, you own points till the year 2000...and then Disney gets the points back.... They are increasing the movie theaters to 20, and Planet Hollywood almost always has a 1 - 2 hour wait in line just to get in to get served. As this is on Disney property, I'm sure that they are getting a big piece of the pie. Disney is celebrating 25 years all month and they have invited all the news media to come and be a part of it.... Anyway, just my opinion...Long on Disney's future!
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