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Technology Stocks : Walt Disney

DIS 104.47

+1.0%

Nov 28 9:30 AM EST

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To: E. Graphs who wrote (1597)	4/15/1999 8:46:00 PM
From: barber	Read Replies (1) of 2222

E.Graphs My thinking about a spinoff is ABC is a drag on earnings,spin off 20% in a IPO and DIS keeps 80%.A separate company would have less red tape ,within DIS empire,to rebuild ABC into leaner meaner broadcast co.Also raises cash to be used for more profitable ventures, while still owning majority stake.DIS is worth much more than $34 a share. barber

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