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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Paul A who wrote (17747)	9/21/2001 9:56:52 PM
From: DebtBomb	Read Replies (1) \| Respond to of 208838

This market is getting nasty too Paul, I'm getting chills looking at the charts tonight, we might over-shoot on the downside: New York, Sept. 20 (Bloomberg) -- Walt Disney Co.'s stock fell after Goldman, Sachs & Co. sold 135 million shares of the entertainment company for $15 a share. Texas investor Sid Richardson Bass sold the shares to meet a margin call, CNBC reported. The sale, at a 19 percent discount to yesterday's closing price, pushed Disney shares to their lowest level in about six years. Disney said in a news release it would buy 50 million of the shares from Goldman. Goldman called money-management firms offering the remaining 85 million shares, traders said. Disney's stock dropped $1.65, or 8.9 percent, to $16.85 in midday trading. The stock has fallen 29 percent this week.