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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 (1657)6/4/1999 11:52:00 AM
From: Chip Roos  Read Replies (1) of 2222
 
Hooray! It's been a long few months for DIS. My hopes for the near
term are based upon the success of Tarzan. It's supposed to be great and the psychology behind blockbuster films tends to reflect in the stock price. Maybe not really justified but what the heck, we'll take it.

I also view DIS as somewhat a potential Wal-Mart play. They have problems but dominate their fields are are so well positioned with the entertainment arm, amusement parks, GO.com, Infoseek ownership, etc. The problems are reflected in the dismal price right now but once they start hitting on all 8's, this should take off. And in my opinion, Disney is one of the few undervalued (or at least not overvalued) quality stocks today.

Let's hope for the 30's, 40's and beyond. Our patience will be rewarded.

Chip
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