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Technology Stocks : Walt Disney

DIS 113.56

-0.8%

Dec 26 9:30 AM EST

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To: capitalistbeatnik who wrote (464)	3/11/1998 2:11:00 PM
From: RDH	Read Replies (2) of 2222

James I agree with you on the DVD point. I do not think that many parents are struggling with all the modern day expenses of children and since they already have a good VCR and tapes, why buy DVD titles? I would think this might happen if the VCR breaks down, but for many it is so much cheaper just to buy another VCR player than to replace one's VCR tapes with DVD titles. One indication to me that Disney's upcoming quarter is going to be weak is its price moevement lately. The DJIA has been moving up, but DIS has been lingering around 105. If the DOW drops, I think DIS will drop at a slightly faster pace. - RDH.

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