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Strategies & Market Trends : DISsing DISney -- Ignore unavailable to you. Want to Upgrade?

To: capitalistbeatnik who wrote (23)12/6/1997 2:52:00 AM
From: paulmcg0  Read Replies (2) | Respond to of 136
 
[who is buying and why at these lofty levels?]

Probably the naive Disney fanatics from Main Street USA, like Marcus... Okay, seriously now -- I suspect that some broker has been hyping the stock. You can just bet that Goldman Sachs is going to have to flog a lot of shares to get rid of all the stock they bought from Eisner. I still remember a brokerage calling me frantically to push Euro Disney stock (ticker: ERDDF) and bonds a few years back...

Paul McGinnis / Paul McG @ aol.com



To: capitalistbeatnik who wrote (23)12/6/1997 10:26:00 AM
From: Peter Greenhill  Read Replies (1) | Respond to of 136
 
Who is buying DIS?.

Informed fund managers who think that it is a sound long term
investment.

Incidently Microsoft has been said to be expensive for years
but it keeps going up and DIS's P/E ratio is alot less than
that of MSFT.

cheers

pg


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