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


To: Jack Chen who wrote (1229)11/6/1998 12:57:00 AM
From: Winston Kim  Read Replies (1) | Respond to of 2222
 
That tells you how much you know me...I bot at 26 3/8......will buy more if it ever goes to 25...there is support there...and huge support at 22...this stock will not go to 18 bucks...get real...this is disney



To: Jack Chen who wrote (1229)11/6/1998 9:52:00 AM
From: Jacques Tootight  Read Replies (2) | Respond to of 2222
 
No you won't.

You make a very poor assumption of the trading discipline of the posters here Mr. Chen. That's a very broad brush you are painting with. You assume that neither Mr. Kim, nor I, nor anyone else, I guess, has the discipline to execute a planned trade.

I have a price of $25 set for DIS. This price was made upon my own determination of what I feel to be fair value. If DIS hits my price I buy, if it doesn't, I don't. If it never comes back to my price I never own the stock. It is, after all, just a stock. There are at least a dozen others on my current watch list I would be just as happy to own. When DIS goes to $40 I'll never cry that I should have bought at $30. It wasn't part of my plan.

Your post would seem to indicate that you have been caught in the stock price chasing game. You've been left with that woulda, coulda, shoulda, feeling. A disciplined investor doesn't chase prices and doesn't get too emotionally attached to any company they own. Stocks are used to increase assets. Plan your trade and trade your plan. If it doesn't come together, there will always be another one. That's the beauty of the market. Tomorrow always brings new opportunities.

Cheers -

RC






To: Jack Chen who wrote (1229)11/6/1998 11:16:00 PM
From: J. Nelson  Respond to of 2222
 
Jack, after the speach by Mr. Charles Kenaghan National Labor Committee Executive
Director on C-Span2 was over. I doubt that Disney will see a high, come monday. If
you have a chance to see the re-play of the show do take it in.

The talk of how Disney, Wal-Mart and other large multi-nationals were
exploiting 3rd. world labor should have a overall effect on the price of
there stocks by who holds on to them IMO. It would seem that some will
dump after seeing his report. This could be very bad for some of these
large corp's. over the next few months. Take a look at the show if you can.