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Technology Stocks : Walt Disney
DIS 103.59+1.6%11:38 AM EST

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To: freeus who wrote (566)5/10/1998 11:46:00 AM
From: babette spatz  Read Replies (1) of 2222
 
To Anyone.

In Barrons, there was information on Dis accounting practices. It seems that they may have over stated their earnings by millions. Reporting only some good #'s, omitting the negatives and substituting reserve capital in the profits. Anyone care to comment? Also any comments on the high PE? I am one of those people who would like to buy on the split but this news gives me concern.
Thanks.
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