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Technology Stocks : Pixar Animation -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (1872)12/3/1998 1:29:00 PM
From: Stephen  Read Replies (1) | Respond to of 3261
 
With the first 6 months of revenue from BUGS going to Disney, I can understand PIXR not being upgraded, but I see no reason for a downgrade as all this was already known. Still, it doesn't surprise me, and I feel that the shorts want to play with this now that the positive news is mostly out and more competition is about to come into play.

Given that the film has done as well as anyone could really expect, on what basis do they downgrade on valuation now that its 5 -6 points off its recent highs ??.... sheer bs imho.

These people really appall me. I currently have no position in PIXR so I'm not biased ... well .. maybe a bit

Good luck all, sadly I fear it may go down further from here, but who knows with this stock.

Stephen