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Technology Stocks : Pixar Animation

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To: Ken M who wrote (2219)3/2/1999 3:25:00 AM
From: Doug Smith  Read Replies (2) of 3261
 
"I am considering purchasing some PIXR before the Toy Story 2 run up. What price would be a smart entry point and when do you think the run up will begin?"

That's like asking for lotto numbers. I have stopped grand projections of prices and swings because a stock like PIXR always proves me wrong. I still contend that PIXR is a haven for investors. If you want a sure thing, put it in PIXR between day trades and you will most likely get a pop of 2-3 points within 10 days.

I hope to add to my position at the 36 mark one more time before TS2 but I am not sure that will happen before the run - but when is that???

I am keeping one broad investment issue in mind and a PIXR sensitive issue.

1)PIXR - 1999 is going to be an unusual year for movies because Titanic is about to get its ass kicked by StarWars. SW will be the highest grossing movie of all time and I think it will maintain its position for a long time. For PIXR, that means that TS2 will be good at best. By the planned release in November, SW could be showing up on the video shelves......(don't quote me on that. I'm the smuck that was just sure that ABL was coming out in Feb.) Anyway, I don't think that Buzz has a chance against Obi Wan. Though both space dudes, Obi Wan has a light saber - I hope I am wrong. I hope one of you is about to pounce on me about the diffences and the different audiences of the movies.......

2)Market - This Y2K stuff has people doing all kinds of crazy stuff. I plan to liquidate a significant amount of my holdings in the north american summer and then get back into my favorite stocks in DEC. I can imagine an enormous sell off in the north american fall. Bargins will abound.

What do the rest of you think? Linda, I have never seen you so quiet in my life!

D
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