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Technology Stocks : Walt Disney
DIS 104.87-1.8%Dec 2 3:59 PM EST

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To: Dorine Essey who wrote (788)7/10/1998 12:46:00 AM
From: rainman  Read Replies (1) of 2222
 
The "Texas Board of Education" has control of a situation like this as long as they keep their stock because the board of director's report directly to the shareholders. If they sell their stock, they'll loose their voting rights and won't have any control over how Disney runs things. If they keep their stock, they'll retain their voting rights and are able to try to change the things they don't like about the company.

If they don't like the way things are being ran, they should buy more shares so that they have more input regarding how the company does business.
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