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To: Mike T. who wrote (11637)	10/7/1999 9:12:00 AM
From: Dan Duchardt	Respond to of 14162

Mike, Disney may be nothing more than a swing trade for me. I just watched it bounce off $25, which for a lot of reasons looked like a strong support level, and entered at 25_5/16. Why support at 25? 1) BB/RSI setup 2) 25 is one of those x5 numbers that tend to be strong barriers 3) It bounced off 25 back in August, then climbed to 30 4) The value of open options contracts will fall as the stock rises toward 30. Look back at the week before August expiration for the climb from 25 to 30. I don't know what the options picture was back then, but I see a reasonable chance for a repeat performance Besides all of that, FWIW my Merrill Lynch guy says it's a great company and I should own it. Dan

To: Mike T. who wrote (11637)	10/7/1999 11:13:00 AM
From: Herm	Read Replies (1) \| Respond to of 14162

DIS seems to be getting some bad press. I do notice more promo offers for Florida residents. The other day I saw one offering $14.00 discount per person for a one-day pass to one park. Wow! The tickets were $42+ with the discount. Factor in food, transportation, and lodging and you have one expense trip. They have priced themselves right out of EPCOT parking lot. Their CEO is paid a heck of a salary not to mention the large payment they had to make to that former board member. Just recently DIS had a disaster with one of their cruise ship. Seems an engine caught fire and had to slowly limp back in very high seas to port with no airconditioning and no medical supplies to handle the nervious passengers and rash of sea sickness caused by the lack of steering capability. The headline read something like "The Disney Cruise From Hell!" Does not sound pretty!