WDW Depression?

Originally Posted By Spirit of 74

... or is it only the execs who are depressed after Pali Research's wunderkind Richie Greenfield slammed the company today by pushing the stock to a 'sell' from a 'neutral' and talking about how WDW (aka Burbank's ATM) will likely be a coniderable drag on the company beyond 2009 and into 2010.

With everyone staying at 40% off (in other words, almost what the resorts are worth) and no one buying anything this isn't a surprise ... but it sure isn't good news except for those of us who are waiting for the price per share to hit $10, so we can buy ... lots!

... oh well, at least on the bright side that news has prevented people from noticing all the layoffs that have been happening in plain sight at WDW the past few weeks.

~Wonder where Richie gets his info ... perhaps a dose of 'screen' magic?~

 

Originally Posted By kennect

Spirit, I just finished reading the two articles featured here under the "headlines" on the front page...What is there in either article that is really news? It isn't like no one expected any of this to happen...Maybe you will get your wish and find the stock goes lower than ten bucks a share...Would that make you happier? Your "glee" in all of this is almost sickening...

 

Originally Posted By Spirit of 74

Ken ... there is no 'glee' in watching a beloved company in trouble (although I will take advantage like any smart investor and buy when it hits my target and it will sooner rather than later) ... just like there's no joy in being right that we're in a depression, something I first suggested a year ago.

I really wish things were different.

But they aren't ...

~Brother can you spare a dime?~

 

Originally Posted By kennect

OK, But what was in those articles that we already didn't know?

 

Originally Posted By Spirit of 74

I just checked the 'headlines' ... as to what was in those stories you didn't know ... well, I don't know what you or anyone else knows.

I do KNOW that Greenfield's downgrade on TWDC stock came down today. And that is BIG. That will cause the stock to FALL!

The WFTV deal was the first story (and it barely qualifies) that mentions what I have said for a while about layoffs, even if it still gave less info than I have.

So ... while none of this may be surprising or good ... it is all news and current.

~Time for some Disney Dreamin!~

 

Originally Posted By Sport Goofy

<< I do KNOW that Greenfield's downgrade on TWDC stock came down today. And that is BIG. That will cause the stock to FALL! >>

Analyst upgrades and downgrades are meaningless. Why didn't this guy have a sell rating on the shares all throughout the past year? Now that they've lost half their value, he decides it's time to sell? Not the kind of guy I want making my investment decisions.

Analyst ratings on stocks are rarely ever timely.

 

Originally Posted By wahooskipper

What stocks AREN'T falling right now? Why should Disney be immune to that? If people are cutting spending of their "entertainment" dollars it will have an effect on travel, movie tickets, retail, etc.

I know one thing. I was at WDW a few weeks ago and there was no sign of a recession at the Magic Kingdom. On the contrary, I was disappointed it was so crowded.

 

Originally Posted By davewasbaloo

Ah yes, but the quality of the DIsney product is sliding. What was worisome is it was sliding in the good times. Now....well let's just say that now is not the best time, and for Disney, I fear there may not be a great big beautiful tomorrow.

 

Originally Posted By wahooskipper

I don't see the "slide" and maybe I'm just blind to it. I didn't notice any offensive cleanliness issues. I tried something new (which I rarely do since I've been so many times now) and thought the Monster's Laugh Floor attraction was interesting, and a good use of the limited space.

Loved the fireworks show...and thought the early parade was entertaining enough. (Kids loved it...and that is how I judge the parades.)

I have liked the plusses to some of my favorite attractions (new overhaul of the Jungle Cruise boats, Depp in Pirates, new touches to Mansion, etc.)

Again, maybe I'm less critical now but I don't think so. I'm still pretty critical of my other former employers/parks (such as Cedar Point) so I don't think it is my eye.

 

Originally Posted By A Happy Haunt

Ok all you haters!! I was googling around for a downloadable ringtone of The Main St Elec Par & for this site

disney-sucks.com WHAT A RIOT!!

 

Originally Posted By Witches of Morva

ORDDU: Dear Spirit of 74, duckling! My sisters and I have come out of our safe hiding place just long enough to offer you some encouraging support. You have just as much of a right to post what you've read about as anyone else. If others don't appreciate it, they don't have to read or respond. But we hope you keep on giving us your much appreciated up dates all the same.

ORGOCH: An' what ya seen so fer's only the tip a the Eisner berg. 'fore long, none of ya's gonna' have time ta worry 'bout what's goin' on with Walt Dizzy Whirl. The dang puppet gov'rment in yer America's got some really nasty surprises in store fer ev'rybody.

ORWEN: And it's going to affect the whole world. That's why we need to get back to our special hiding place right away! Hugs and kisses, ducklings!! We wish you the best in these awful times.

 

Originally Posted By davewasbaloo

Look at the clothing as an indicator and the toys. I have Disney clothes from 10-20 years ago that are still like new (a little faded). But the Disney clothes I have bought in the last 3-5 years either run, shrink or tear.

Same with the toys, my kids play with my old Disney toys. Most of the newer ones break within a couple of weeks.

It's not just all the sequels, cleanliness issues, or synergistic activities that get to me.

 

Originally Posted By davewasbaloo

WOW - Witches, I have missed you ladies. Love and hugs from across the big frog pond!

 

Originally Posted By Sport Goofy

<< Look at the clothing as an indicator and the toys. >>

Can you really point to Disney as directly influencing this? I find the same quality issues at nearly ever national retailer/company. The manufacturing sources for clothes and other goods have all shifted overseas in the past two decades. Can you even find a supplier of clothing/toys/you name it that will manufacture products of a certain quality level anymore? I'm not sure it's even possible. Even when I'm shopping at "high end" stores, I notice that the quality of goods is far from where it used to be a decade ago.

 

Originally Posted By davewasbaloo

Toys - Barbie, Hot Wheels, LEgo and Playmobil are all still quality.

Clothes are more difficult, but Farrah, Pierre Cardin and Ralph Lauren are still good quality.

 

Originally Posted By avro_imagineer

**waves frantically* Hey ladies!

Disney has diluted their brand. Diversified their goods... Marketing gone wild. Don't tell me what I should feel, let me walk away saying "Quality, fun, family friendly". Also let's get children who can act slightly better then say cough *Suite Life*, how can you bond to characters with such stilted acting. Let's have stars that don't speak badly of Disney, or provide bad roll modelling while having a private Disneyland party. Also vintage Disney screamed "America", new Disney screams "California". California is a sizeable part of US of A, but please lets have some more diversity. Also not all people from the South are hicks...

RL -> There's a good chunk of my work shirts...

 

Originally Posted By A Happy Haunt

Good to hear from you Witches!!

 

Originally Posted By avro_imagineer

But I am very interested in Race to Witch Mountain and Disneynature Earth...

 

Originally Posted By davewasbaloo

I do wonder if Disney's full access policy is what has hurt the Disney park experience. Now, most things are about the toons. Could it be that because we do not have to wait 7 years to see a Disney rerelease, and my kids insist on watching Playhouse Disney and their DVDs all the time, this has translated into a view that it is all about toons. Maybe it is because we rarely get anything else.

 

Originally Posted By A Happy Haunt

DD10 carries around her autograph book & waits in line to meet ALL the characters while DD8 wants HM all night! I guess it's all about balance, something for everyone!