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Technology Stocks : Pixar Animation -- Ignore unavailable to you. Want to Upgrade?


To: Jim Illo who wrote (2573)8/3/1999 9:12:00 AM
From: Nick DeVito II  Respond to of 3261
 
Any thoughts on a an analyst coming out with an upgrade considering how low the price is? Someone thought the floor is around 33, if that were to happen I can't see these analyst not upgrading this stock.

your thoughts appreciated, and encouraged to keep this thread alive.

ND2



To: Jim Illo who wrote (2573)8/3/1999 6:52:00 PM
From: Adam Nash  Read Replies (1) | Respond to of 3261
 
Well, in general, I think the problem is that investors are taking any good news about Pixar and running too hard with it.

When the stock hit 60s last year, I remember distinctly thinking the stock was at least 12-18 months ahead of itself. And I have pretty aggressive expectations for Pixar.

However, I have become nervous with Monsters, Inc. being moved to 2001. I had expected 2001 to be a big earnings year, with trailing earnings from ABL, TSI/II, and Monsters all combining for a good $2.50-3/share. Now, though, I have to rework those numbers.