Dinesh:
I was tuned in to the Australian Open on ESPN2 the other night and at the bottom of the screen throughout the match was a news ticker sponsored by...Go.com!
I know there are quite a few eyeballs tuned in to a litany of sporting events around the world, many of which are televised on ABC, ESPN, ESPN2. During commercial breaks many will be able to locate the info briefs flashed along their TV screen (eventually you will be able to use your remote and simply click on the story of your choice as it goes by and bring it up on your TV monitor, but Im getting ahead of myself.)
You are correct, @home went after excite (which Ive used as a home page for many months) for the very reason you point out, repetitive retinal contact.
@home cannot at this time capture your attention on the still-to-be-deposed master of passive viewing, the TV set so they had to go after a customer base some other way (Im sure they cannot afford Turner Broadcasting, yet.)
DIS is creating the critical mass of viewership through its ongoing consolidation of a number of sites which I have previously mentioned, and over time will be a major player on the net medium.
I am not saying that in 12 months DIS will be in the 100+ stratosphere with other pure-play net stocks, but they will definitely increase their share value by their continuing leveraging of the internet in their overall media portfolio.
If you prefer to wait and purchase at 50 that's completely up to you and your own investment style. I will continue to buy during the lows and wait this one out.
Wherever you get in you will not be disappointed over time as a long term share holder. IMO.
Time to crack another cold one!
Kindest Regards,
DAP |
