Pixar Animation Message Board

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Technology Stocks : Pixar Animation

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To: Adam Nash who wrote (1877)	12/3/1998 3:23:00 PM
From: Jim Illo	Read Replies (1) of 3261

> since absolutely no real new information came out in the past year, > except that TSII would be a theater release. Actually, there were two VERY SIGNIFICANT announcements from Pixar in the last year. In addition to announcing that TS2 was to be a theatrical release, Pixar announced a new deal with Disney in which it gets 50% of profits, as opposed to the 10-15% from the previous contract. This caused the stock to rise from the low 20's to the mid 30's from January to February of this year. (Actually, I would think that an announcement that Pixar would be receiving 4 to 5 times more in profits would cause a 400% to 500% rise in the stock price, not "just" a 75% rise.) As for the $66 high this year, I think a lot of that was created artificially by a short squeeze in July. Unfortunately we're not getting that squeeze this month. : (

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