Attention Stockholders

[marksniles]

I found the following article very interesting on MousePlanet.com: Comcast, Disney, and the business of hostile takeovers ( http://www.mouseplanet.com/dan/bm040212as.htm ). If it comes down to Comcast asking us if we want to sell our stocks - we must vote NO!!!!!!!!!


Keep the Magic Alive!
Mark

[lsutigger2]

I'm with you! vote no!

[msdis]

Thanks for the link, it is very well explained in simple terms. I have stock from when it peaked several years ago, around 38. They are going to have to get very hostile before I will be selling. LOL! And besides not everyone is in it for the buck. I have what I have for sentimental reasons(yes, I know broken rule #1) and really no money based on principle will make me sell. Maybe I am naive to think that a lot of people own Disney for love not for money.

[PamOKW]

Originally posted by msdis
Maybe I am naive to think that a lot of people own Disney for love not for money.

I think there are a lot of people who own small amounts of Disney more out of a love for Disney than as a serious investment. But the really big owners of Disney stock are in it for the money -- and they are institutional investors not individuals.

[msdis]

I agree about the institutes, Pam. I mean the little guys like us.;)

[manning]

65.66 percent are held by institutions.

If you have money in a mutual fund that holds Disney stock, let them know how you want them to vote. If they won't, threaten to withdraw your money from their funds.

[JimC]

There is a Wall Street Journal Poll with 5,666 responses so far as follows as of 5:00 pm EST on Feb 13th

What would be best for Walt Disney Co.?

18% Deal with Comcast
2% A deal with another firm
56% Stay independent, dump Eisner
24% Stay independent, keep Eisner

[doombuggy]

I like th looks of that poll!!:p

i would have to vote no. the thought of Comcast owning Disney frankly scares me.

i am with you, msdis. I own about 40 shares, and am not in it for the money.

[Tjkane28]

Disney is ripe for takeover...stock has been down, turn around coming in the network revenues and theme parks, and a name that means quality. Downside is the Pixar fiasco and it leads one to believe that the vision is lost with the closing of the animation unit to boot.

Stockholders must ask themselves one question...is the company better off with Mike or without?

Think about it before answering...it is not an easy answer.

[manning]

It is for me, without Eisner

It's like standing on the tracks and a training is roaring at you. Why would you be afraid to jump? Because you will get hurt?

[G.Tyler]

There are several posts here that would leave one with the impression that individual stockholders would have a diminished capacity in regards to a vote for Disney or a vote to merge. First; let me say that it's the individual vote which Can and Does carry or defeats such important matters as this and I urge everyone who would have the ability to do so to vote their shares if it should come down to it. One share or a million, they all count. Of course, it has been said here that the big institutional shareholder vote would be the one to watch and that individuals were relegated to stock ownership more out of love for Disney than a serious inverstment. Well; let me tell you, I do love Disney and there surely needs to be a change at the top and I don't mean just one. However, I among many own an assortment of Disney stock in my portfolio, and I can assure you I am a serious investor. You might find it surprising to find out that the same individuals and their families; collectively, may own mutual funds which invests in Disney. These same people may own Disney stock thru Disney's direct investment plan and may also own Disney shares thru a SEP-IRA. The individual voters CAN be a force to deal with if their vote is as one.Yes, I subscribe to Save Disney.com and I believe Roy Disney and others have nothing but good intentions.However; To make administrative and Key personel changes is one thing. To panic, and to face the posibility of loosing Disney forever to become nothing but a division owned and ruled by another organization is UNTHINKABLE!