advertisement
advertisement

Jim Hill Media on the Walt Disney Company [Archive] - MousePad

View Full Version : Jim Hill Media on the Walt Disney Company


sediment
02-26-2004, 02:30 PM
Jim Hill weighs in, stating about the same as I am: big institutions carry the weight. Any changes will be made by them, not by houdreds of thousands of small investors.

http://www.jimhillmedia.com/main/index.htm

2/26, first column.

Now, millions of CUSTOMERS: that's a different story. How can we (millions of us) get rid of Eisner? By not buying products and services that are below our (self-defined) quality standards that we've come to expect.
Don't think Disneyland is up to snuff? Don't go. Don't renew your APs. Don't stay at the park (not "resort") hotels.
Don't think Disney Stores are worth going into? Then don't. (Disney has already helped this along.)
Don't think Haunted Mansion starrting Eddie Murphy will be any good? Then don't go to the movie, don't buy or rent the DVD, and don't go to McDonalds for the Happy Meal.

This is not an easy task, as most people are either addicted or will easily choose Disney goods and services over even lower-quality goods and services.

CarolKoster
02-26-2004, 03:28 PM
sediment, The dominoes are falling, the big institutional investors are in fact coming around. See a post about More States (Pension Funds) going against Eisner, from CBS Marketwatch I posted. Jim Hill I think is gonna need to keep hangin' in there as are those readers he quoted. Keep hangin' in there! What we "need", I think, is for the Disney share price to go up and teh Comcast stock price to go down. Comcast won't be able to afford the price spread. But I've heard Comcast is willing to be patient, so hoping for a wide price spread between the two isn't going to be a long term solution for Disney's independence either. But at least it buys time for the white knight prince to come. If it does.

Cadaverous Pallor
02-26-2004, 03:56 PM
Originally posted by sediment
This is not an easy task, as most people are either addicted or will easily choose Disney goods and services over even lower-quality goods and services. You said it, brother. Once you go Disney it's hard to go back. Even as I rant and rave about it, I'm still giving them my money.

And no, I don't have a good excuse.

sediment
02-26-2004, 04:38 PM
Originally posted by CarolKoster
What we "need", I think, is for the Disney share price to go up and teh Comcast stock price to go down. Comcast won't be able to afford the price spread. But I've heard Comcast is willing to be patient, so hoping for a wide price spread between the two isn't going to be a long term solution for Disney's independence either. But at least it buys time for the white knight prince to come. If it does.

That first part already happened, to the point that Comcast's offer is now under the current stock price. And rational investors will not sell DIS stock to Comcast at a lower price than the open market.
And now that Eisner might be out quicker (one way or another), the stock price is rising.
Currently, the value of DIS is $6.9 billion higher than Comcast's offer.

Anyone have an estimate on total network value? ESPN is over $19 billion on its own. And DIS should get cash instead of stock.


advertisement
advertisement