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

To: long-gone who wrote (2020)6/20/2001 5:08:49 PM
From: Artslaw  Read Replies (4) | Respond to of 2222
 
Shorted a lot of Disney today, mostly because I'm sick of just being in cash, but don't want to be long.

After hours, Peter Schneider (Chairman of Walk Disney Studios--the cartoon arm of Disney), resigned.
biz.yahoo.com
But I don't see that will have much of an impact.

My reasons for shorting are:
Pearl Harbor didn't turn out to be "all that"
Who goes to Disney World during a recession? (Much less stay in their hotels, shop at their stores, etc)

Steve


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