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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (1074)3/19/1999 2:30:00 AM
From: Duane L. Olson  Read Replies (1) | Respond to of 1622
 
E!.. Well, After PSUN, ATHM, NSCP, you sure aren't going to catch me saying DIS won't play!! <g> DIS has been failing my screens for over a year, and still does, but there appears to be more there than a fast glance would have indicated. And there is something nice about owning a company which has no real competition in it's sector.. With the good news coming out as well, there could be a pretty decent play.
I'll list some of my negatives, since knowing both sides helps solidify an assessment (or not, as the case may be <G>).. DIS missed it's numbers last quarter, missed them last year. Still selling at a PE of around 40, it needs to grow at least mid-20's, but is projected for about 9% next year, and 20% the year after... It's recovery post-Oct still is below its highs, despite a market that has gone on to new highs.
Much of that is already in the stock, of course, so if DIS is ready to boogie, I'm all for it! Am not gonna ride it here, but I'll be watching.. ((GAD! I wish I had bought ATHM one of the six or eight times the E! said it was a good bet!!!))) <G>
tso