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


To: Doug Smith who wrote (2591)9/1/1999 12:32:00 PM
From: Ignatz  Read Replies (1) | Respond to of 3261
 
Peak of the hype could easily bring 70+. This stock goes up and down. The current sideways trading period has gone quite a bit longer than norm. I think that after the holidays many will sell in the high 60's after buying now in the thirties or in the forties on the way up in October. People like to try to time this stock as its certainly been a roller coaster ride. I think that will continue. But the solid earnings that are coming up the next 3 - 4 quarters will be better than most are expecting (IMHO). I think analysts have lowballed earnings estimates for the next 2 -3 quarters. When so much rides on your next hit movie your stock will be volatile. But I believe the Pixar formula will continue to produce the kinds of movies families (not just kids) want.