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

To: Bert Klimer who wrote (430)2/23/1998 5:05:00 AM
From: Fredric D. Bellamy  Read Replies (1) | Respond to of 2222
 
>>" I have no objection to who is on the board, as long as they keep making the company highly profitable."

I feel the same way -- management's performance is what counts -- and the current board has allowed management to do its job and do it well. Plenty of shareholders with more "independent" boards undoubtedly wish that their companies could perform as well as Disney has. If performance falters, then the need for new directors would be presented. In the meantime, I believe that the current directors have performed well enough.

An article in yesterday's New York Post discusses the complaining shareholders' views, which obviously differ from my own opinion:
nypostonline.com



To: Bert Klimer who wrote (430)2/25/1998 2:48:00 AM
From: Fredric D. Bellamy  Read Replies (1) | Respond to of 2222
 
>>"Hey maybe they will announce the stock split at the annual shareholders meeting this week!"<<

From yesterday's New York Times web site: "At the meeting, Mr. Eisner said Disney would consider splitting its shares if the stock traded above $120 for a while."


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