Originally Posted By ChiMike <a href="http://miceage.micechat.com/allutz/al100708a.htm" target="_blank">http://miceage.micechat.com/al...708a.htm</a> >>A more compact version of DCA's Little Mermaid ride is being proposed and mocked up for a plot of land in Florida's Magic Kingdom, where their old submarine ride used to be. But the timing and budget for that clone is not yet confirmed, and the ability to secure company funding for that expansion isn't being helped by the financial panic. We'll keep you updated in the months ahead, but the DCA version of Little Mermaid will be the first to start construction later in '09, while the Florida version might be on hold for a bit until Florida attendance projections and finances shake out a bit more for the 2011-13 time frame.<< As mentioned here yesterday, This is the one thing that is more than likely for WDW. Wouldn't count much on the rest. As repeated ad nausem and reinforced in Al's great update - I would suggest visiting DLR in lieu of WDW for the next 3-4 years.
Originally Posted By Spirit of 74 Nice to see Al confirm what I had heard and believed. A possible lesser version of DCA's attraction IF management has the stomach to invest money in the No. 1 park in the world during a financial depress...I mean downturn. I would count on absolutely nothing of substance for WDW's 40th. Nothing. Hey, my Disney stock is down to $26 ...WHOO HOO!!!!
Originally Posted By A Happy Haunt ^^^ I actually thought of cashing out last week!! but, after 9/11 the stock hit about $13 so we invested heavily..I guess it's not a total loss for us anyway.
Originally Posted By bobbelee9 Luckily (?) I bought my Disney stock long ago, so badly down that it is, it's still worth 4.5 times what I paid. Sadly nowhere what it was several years ago.
Originally Posted By Spirit of 74 ^^Give it time. The market is crashing. Crashing because it has been propped up for the past 5-6 years on a foundation of styrofoam, cow turd and lies. And I don't think you've seen anything yet.
Originally Posted By MPierce >> Crashing because it has been propped up for the past 5-6 years on a foundation of styrofoam, cow turd and lies. And I don't think you've seen anything yet. << I've got both feet dangeling over the edge getting ready to jump.
Originally Posted By ChiMike I don't think it is a good time to buy Disney at all. Lower attendance, resort occupancy, guest spending, and much more important, less media advertising & consumer products revenue have not been fully priced into the stock price yet.
Originally Posted By Spirit of 74 Anyone wonder what the past few days have been like for Iger, Staggs, Rasulo and Co? Do you think Inoverherheadmeg has been calling in sick? The only good thing is I believe in a few months you'll start seeing a rash of indictments followed by a few high-profile suicides and a couple of CEOs/Wall Street players/White House advisors who leave the country and are not ever found again.
Originally Posted By A Happy Haunt <<The only good thing is I believe in a few months you'll start seeing a rash of indictments followed by a few high-profile suicides and a couple of CEOs/Wall Street players/White House advisors who leave the country and are not ever found again>> Let the good times roll!!! Well if it makes anyone feel better,I sell real estate (yes, it's in the toilet, that's why I have sooo much time to chat on LP all day) & an old client called me this afternoon to help her find a condo... SEE..it's all ready turning around!!!HAHAHAHAHAHA
Originally Posted By Witches of Morva ORDDU: As usual, Spirit, dear, my sisters and I agree with you. The economy everywhere is only going to get worse. We hate to sound negative but we won't lie just to make ourselves look like we're sugar plum fairies...
Originally Posted By ChiMike >>Anyone wonder what the past few days have been like for Iger, Staggs, Rasulo and Co?<< Stock now down to 23.80. You're certainly not going to get that butter at LTT now Spirit. Wonder if the MK will start closing at 7 on weekends - while crowds remain thick.
Originally Posted By Spirit of 74 ^^I dumped a large chunk of my stock last fall at about $36 a share. I am very happy about that now. Now, smart people, might say it's when times are tough that you reinvest in your product and improve it ... give people reason to visit. And I damn well will be demanding that apple butter at LTT in a few weeks!
Originally Posted By davewasbaloo Well we know Disney is no longer run by smart people. That said, HSM3 is huge right now in Europe!
Originally Posted By MPierce >> Now, smart people, might say it's when times are tough that you reinvest in your product and improve it ... give people reason to visit. << Sound strategy if you can afford to. I believe Disney can, but they won't. >> And I damn well will be demanding that apple butter at LTT in a few weeks! << an excellent choice.
Originally Posted By A Happy Haunt <<That said, HSM3 is huge right now in Europe!>> It's HUGE here in the states too & it doesn't even come out for another 2 weeks!
Originally Posted By Sport Goofy << Now, smart people, might say it's when times are tough that you reinvest in your product and improve it >> Times haven't even begun to get tough yet.
Originally Posted By vbdad55 <Hey, my Disney stock is down to $26 ...WHOO HOO!!!! < I hear ya,but it could be GM or Ford stock
