Disney board director blasts Eisner

[Golter]

Addendum:
Since January 01 DIS has outpreformed S&P 500 and DOW by 6%.

 

[raidermatt]

ME has a file that documents this persons inadequacies, the board member is just throwing around unfounded verbal assaults.

Unless you have seen the file or received confirmation of the validity of the material in it, it is no more founded than the "verbal assaults".

I have said this before and will say it again 2003 will be a prosperous year for the Disney Corp.

Depends on how you define prosperous.

 

[Golter]

Prosperous: Treading while most others are sinking is a start, outperforming market by 10 - 12% in 2003 will be a prosperous year by my standards.

 

[Another Voice]

Treading water is real easy once you've sunk so far your feet touch bottom.

We'll talk "prosperous" when the stock's back up around $30.


P.S. - Don't confuse accounting induced problems at AOL and the fact that the French can't run an entertainment company any better than they run a country for thinking that Disney is doing well. Badly run companies do vary to the degree that they are badly run - but being the "least bad" still doesn't make you "good".

P.S.S. I don't post enough??? Reading the messages aimed I me it seems like I post far too often.

 

[Golter]

So by your definition of prosperous, DIS must end the year up 75%. That's unrealistic expectations and shows you are just bashing to be bashing. $30 is realistic by the end of 2004, if we do not have a long drawn out pointless war with Iraq. And it appears we are being led there by an adminstration that is trying to promote this war as a fight against terrorisim. The war against terrorism was supposed to be against Osama, remember "wanted dead or alive", famous last words, Just like his dad and "read my lips". If we cannot find him (bin laden), what makes duhbya think he oust Saddam. It's complete arrogance or ignorance, or both.

 

[Another Voice]

No, actually the $30 target is what Eisner is reported to have promised the board last year when he begged for "one more year" to set things straight. It's also what the stock's been basically trading at for five years now. It's his target, not mine.

Whether or not it's realistic or not is an interesting question. Considering that Eisner wasn't able to lift the stock price above that level during the midst of the largest stock market bubble in history when billions were dropped into Pets.com, it's interesting that some people show faith that he can do now that it will take real work to accomplish.

As for your "comments" on the war, I'll leave those to another forum and decline to choose if they're arrogant, just ignorant, or both.

 

[mitros]

Ditto!

 

[manning]

Quotes

"ME has a file that documents this persons inadequacies, the board member is just throwing around unfounded verbal assaults."

"Unless you have seen the file or received confirmation of the validity of the material in it, it is no more founded than the "verbal assaults"."
_________________________________________________

Now from the voice of experience. I worked for a real SOB. And a fool. He tried to get me fired. On my retirement 22 years later I wondered what SOB was doing.

He got a bunch of our clientes to write letters on how bad I was. It would have worked except he forgot that I was smarter than he. After I got done with him, not only was HE fired, his reputation in the industry was ruined.

I would wager a bet that that file of Eisner's is about as phoney as a three dollar bill. That director doesn't strike me as a fool. She may not be finished yet!!!

Two against Eisner has now become three against Eisner.

 

[Jeff in BigD]

Geez, how long until he subtly suggests to Roy to "retire"?

My friend a (former WDWCPer) is two clicks away from blasting him with a shotgun. I hope he's a good shot.

 

[airlarry!]

M. AV:

You don't post enough. Period.

On the Board Dispute:

I like the memo dispute. It proves what Wall Street has told us all along: that he has tried to stack the board in his favor, the benefit of the shareholders to be darned. Perhaps we should call him FDR Ei$ner?

And yes, she lost, but the war is not over.

He may be able to send his shock troops to our web sites to confuse, belittle or depress us. He may be trying to singlehandedly transform Disney into a soulless money pit by eliminating our heritage, Feature Animation.

But he will never take my stock away. That is my right to vote and to voice. And, while the 'memo' may well be the bitter rantings of an ex-employee (which I doubt), it is still a fascinating look at how
Saruman...err....Ei$neruman keeps his orcs in line preparing for the day he controls it all. We stockholders are the hobbits; we just need to find his weakness, the ring, and find our Gandalf the Grey.

We have been battered by so much depressing news out of Burbank the last couple of years. But if this were a movie, we would be in the "Twin Towers" script. Lest you lose hope, we all know what happens to Ei$neruman in "Return of the King".