S&P may still cut Walt Disney's debt ratings (http://www.forbes.com/newswire/2004/03/18/rtr1303922.html) - Reuters, 3/18/04

QuikQuote: Standard & Poor's Ratings Services said today that its ratings on The Walt Disney Co., including its 'BBB+' corporate credit and 'A-2' commercial paper ratings, remain on CreditWatch with negative implications.
"Standard & Poor's remains concerned about eroding shareholder support for management, related to effective leadership and performance of the company. Currently, Standard & Poor's has no specific expectations that these actions and the surrounding controversy will alter management's operating strategies," said Standard & Poor's credit analyst Heather Goodchild. However, in view of recent events, Standard & Poor's expects to discuss with management its future financial plans and strategies to address shareholder value.

It sure seems quiet lately, doesn't it?

TOO quiet. ;)

I guess we gotta wait for 1) The Disney Board to meet on it's April retreat and decide which way it wants to go, 2) Pixar to decide to make its move to another partnership opportunity, 3) Comcast to make another move, 4) Disney's next quarterly results, which would probably be announced in the middle of May 2004, and 5) What move the SaveDisney organization would be willing to mount next.

But everything that happened up to March 4, 2004 is still up in the air now. Eisner and three other Board members still on the Board, this credit report article still indicates Disney has a lot to resolve there, the movies, animated film "Home on the Range" and the spring break tourism season at the theme parks rebounding or not due to fresh terrorism concerns.

Now that some of the dust has settled after the March 3 shareholders' meeting, what do you think is happening? How are you spending your time? Where do your concerns lie? What direction does any of the above take, in your opinions?