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Technology Stocks : Walt Disney
DIS 106.77+2.2%3:59 PM EST
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To: barber who wrote (1417)1/18/1999 8:09:00 AM
From: Epics  Read Replies (1) of 2222
 
remember the earnings release is due out soon and according to
a couple of analysts reports it looks downright ugly. However, the stock is not rallying on current earnings, it is rallying on future earnings. But the puke job will bring people down to earth it is a little bit ahead of itself. Go, the cruise ship, and other capital ventures will pay off but it will be a backloaded fiscal year from these positive devolpments. There are still problems (ABC, Creative Content (Mighty Joe Writeoff), and consumer products are getting hammered via Asia. Like I said this will be in the mid 40-s by the end of the year at a minimum, but it will be one bouncy ride.
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