Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: J.T. who wrote (780)	10/7/1999 7:09:00 PM
From: marginmike	Read Replies (1) \| Respond to of 19219

I thought you might want to read this JT from TSC Picking on Pixar: From the day it went public in late 1995, Pixar (PIXR:Nasdaq) has been a "story" stock. Sure, there's Toy Story and its upcoming sequel, Toy Story 2, but the real story is how Wall Street pitches Pixar not as an investment, but as a cyclical trade. Don't forget, this was a company whose IPO was timed to coincide with the release of the original "Toy Story," a strategy that caused its stock to soar as the stock was sold to gullible individuals hoping to cash in on the story of Woody and the gang, only to watch the stock sink after the movie -- the very successful movie -- made its debut. Such has been the story of Pixar ever since. Go back and look at a chart before last fall's rollout of A Bug's Life (and read Alex Berenson's take at the time). And look what's happening now in front of Toy Story 2. Last month Prudential analyst Katherine Styponias, for example, upgraded Pixar to a "strong buy" from "hold" in part because the marketing behind the new movie "should act as a very potent catalyst in propelling the shares closer to our price target." And Seidler's Jeffrey Logsdon, upgrading from a "neutral" to "strong buy," wrote that the stock's summertime swoon "provides a nice trading opportunity for nimble, aggressive investors." And therein lies the trouble: When the call goes out to sell, everybody won't be able to get out at the same time because, as one veteran short-seller says, "Everybody has the same strategy." What's more, after Toy Story 2, the next Pixar movie won't be out for at least two years. That translates into a lack of earnings predictability. (Not good for a stock that trades at around 58 times this year's expected earnings.) "It's a fool's game," the short-seller says, "with hedge funds selling to retail." Unfortunately for investors, Pixar's stock has never been as good as its movies. For its part, Pixar says that, over the long term, it believes its library of films will make this a story with a happy ending. (Fine, but how many chapters are in the book?!) My, my -- seen Midway?: At item

To: J.T. who wrote (780)	10/8/1999 12:47:00 PM
From: J.T.	Read Replies (1) \| Respond to of 19219

I called PIXR to find out the deal on CNBC PowerBrunch interview with Jobs called investor relations and found out I.R. woman Bryn was out til Monday. I was transferred to a Lisa who said Jobs had to cancel because of an "emergency". Inside word is Jobs is miffed with this "street view of PIXR being a cyclical stock" and that this was going to be addressed head on going forward very soon. I will call Bryn on Monday to find out if and when they will reschedule the interview. This will potentially hurt those in OCT calls as this stock may back and fill into and thru expiry next Friday. This is why I booked Oct calls profit when I had chance and roll into Jan with short term snafus like this for the trader. I will buy on more weakness. PIXR has held $41 1/4 on several attempts and may take this support out short term for few days most for this brief pullback below $40. On the other hand, if I see PIXR breaking $44 on a close before the bell I will immediately pick up OCT 45 calls for quick trade. I will buy any dips below $40. Best Regards, J.T.