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Technology Stocks : Walt Disney -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (1728)7/12/1999 8:39:00 AM
From: rrufff  Respond to of 2222
 
I think they should have done the CBS strategy of spinning public small parts of each internet company. Nobody likes tracking stock. Too legalistic and too many issues.



To: Captain Jack who wrote (1728)7/12/1999 8:43:00 AM
From: Wally Mastroly  Read Replies (1) | Respond to of 2222
 
An interview on the takeover of Infoseek; + Bloomberg.com:

Disney CEO Michael Eisner is expected a press conference in New York at noon Eastern to discuss the deal.

biz.yahoo.com

-
Also, from Bloomberg.com:

bloomberg.com



To: Captain Jack who wrote (1728)7/12/1999 10:23:00 AM
From: S. M. SAIFEE  Read Replies (1) | Respond to of 2222
 
Captain,

Revenue of new entity is 350 million almost same as yahoo. Yahoo market cap is 32 billion, so figure value of new entity for disney
@ 16 billion, add this to disney market cap of 56 billion giving boost to disney's market cap about 30 %.