Disney Stock?

[QJ411]

Hi Everyone!

We were wondering if anyone had any tips on the Disney Stock. We were thinking about purchasing some as X'Mas gifts for our family. But we don't know much about it...any tips?

Thanks everyone!

 

[EROS]

Very poor performer over the last 4 years. I think that it's down over 30% over the last 5 months. You can do much better .....

 

[ahutton]

Our financial person has said this is a good time to buy into companies with historically good performing stocks. However, this is if you are in it for the "long haul" as right now individual stocks are just not making good returns. Eventually the investing world will cycle around again, but nobody seems to have a crystal ball about when it will be. Lots of predictions though - mostly I hear 2-4 years. There are lots of short term investment options that will do better than a stock with current market conditions. Oh, and I did buy some. We are in this for a long term investment!

 

[Calcio]

Disney stock has performed very poorly during the last few years. I myself am the proud owner of a few shares, and they've not been very good to me in a financial sense. Unfortunately I did not buy the stock immediately post-Eisner arrival, so I didn't participate in the big run up in value in the late 1980's and early 1990's.

The problems with Disney stock are multiple. First and worst is ABC. There used to be 3 major networks and ABS was usually #3. Of course, they are doing so poorly that they are #4 of 4 networks, even Fox is doing better. The prime time line up is the pits and Eisner, et al spend the majority of their time trying to turn this dog around. Yet more evidence that large mergers fail 3/4 of the time.

The theme parks are of course struggling as well, as the posts indicate. Particularly international travellers are down. Fewer nights in Disney hotels, fewer guests in the parks, fewer meals eaten, fewer items bought. If a new war in Iraq breaks out, this will deteriorate even further.

The Disney Stores are off their peaks of the past, and the film studio is doing okay, not great, not terrible, just okay. No Trons on the horizon thankfully, no Lion Kings either.

And of course there is the management succession issue. The untimely death of Frank Wells still hurts the company. Every President of the company following Mr. Wells has been a failure.

Roll this all together and you get a poorly performing stock. It is cheap now, so you can get lots of shares. If ABC doesn't turn around and a long war occurs, it will probaly sink even more. Of course if none of that happens, it should rebound. If I knew the answer with certainty I surely wouldn't be working, I'd be staying in the Boardwalk Village apartment that I would own!

 

[ratsrule]

 

[ratsrule]

 

[QJ411]

Thanks everyone for the informative advice!!!

Though I was also told that they are doing poorly, I figured maybe it's ok for the long haul as "ahutton" had mentioned. We wouldn't be buying loads of shares, just a "themed" gift that perhaps over a few years, it may be an even nicer gift.


But Calico is right also, they are doing poorly and has been for a few years.

I guess it would be ok if we maybe invest in a small amount of shares just as a themed gift and like I said, hopefully it'll turn upwards!!!

But THANK YOU to everyone for their great advice, if there's anymore, pls. let us know!

 

[Goofyposter]

What's good yesterday...and bad today....may well be good again tommorrow!

I'm buying..and will continue to dew sew...but, I have an investment window of 20+ years. Personally...with the unmatched quality of holdings the company has...I kant see it doing anything but going up over my investment window!

 

[mickeyfan1]

I own about 40 shares, I wish it was doing better, I have lost on it, BUT, it sure is pretty to look at, and if it goes back up, that's even better. Since you seem to be buying it more for the theme value, go for it.

 

[Dan Murphy]

Lots of correct thoughts there, ahutton and GP.

QJ, if you are thinking of buying these Disney stocks as sentimental gifts, the current and/or future price of the stock is irrelevant. They do make nice gifts for Disney nuts like us. If you want to purchase a single share, stop by Deb's site for a discount and link to the company that does well with these type of gift stocks. Links are on left site of her home page. http://wdwig.com

 

[QJ411]

Goofyposter,

What's good yesterday...and bad today....may well be good again tommorrow!

That sounds good to me!

Thanks!

 

[EROS]

Not to worry, but don't forget P.T. Barnum's maxim:

A SUCKER IS BORN EVERY MINUTE .........

 

[JohnTBap]

Originally posted by EROS
Not to worry, but don't forget P.T. Barnum's maxim:

A SUCKER IS BORN EVERY MINUTE .........

Every guy WISHES!

 

[QJ411]

Thanks Mickeyfan1, from the picture Dan Murphy had posted, they are pretty!!!

Thanks Dan Murphy for the site, we will check it out, and try to decide soon!!!

We were planning on getting a few shares, just so our relatives can say they have shares in Disney...and who knows, if it does do well after a long while, it'll be a nice! If not, then like Mickeyfan1 said, they're pretty to look at!

Thanks everyone!!!

 

[QJ411]

Originally posted by EROS
Not to worry, but don't forget P.T. Barnum's maxim:

A SUCKER IS BORN EVERY MINUTE .........

 

[EROS]

QJ411, if you wish to purchase something "beautiful" for a family member, don't waste your hard-earned cash on a trash stock because of sentimental ties. Buy a RENOIR print.......you WON'T be disappointed ........

 

[QJ411]

THANKS FOR THE THOUGHT
GREAT IDEA!