MyMagic+ Delay - Article

[Planogirl]

I do have DD, or Dueling Dragons. I wasn't counting shows. But, I do think a few other Uni rides are borderline for inclusion, like Dr. Doom.

Point is, if you take the out the fluff that is meet and greets, and very low tech dark rides (which I LOVE, but are losing their luster in general), and you can plainly see the massive attraction glut Disney has created for itself.

I mean, who on this board, 3 years ago, would have said: "You know what, I sure wish Disney would limit my FPs to 3 a day, that way I wouldn't have to get up early!"

Yet there are plenty on here now acting like it's a great idea.

Jason

I don't think that Despicable Me is any more a show than the Simpsons but regardless of that you make some excellent points here.

I'm thinking that as soon as my son is tall enough to ride most of the thrill rides (and he loves them!) we will start to split our resort stays. I will still want to visit Disney but maybe 3-4 days there and 3-4 at Universal. We will see. We went to Seaworld but I didn't find that magical at all. I'm trying to hold on to the idea that we are missing something and it will all shake out in the end, however, our October trip to Disney was anything but magical.

DS talked me into Universal some years back and now we split our stays. Let's just say that he ripped the pixie dust blinders right off of my face and I've never looked back.

OK, against my better judgement, I'll take the bait...

The analysts care VERY, very much. And I'll give you 2 of the main reasons:

Profitability - This project has gone from an estimated $800 million, to $1 billion, heading north towards $1.5 billion. This is not just expense for last fiscal year and this fiscal year - it's also a futures thing. Some is immediately recognized, some is depreciated, some is amortized, etc., so not only is this a "now" issue, but also, how will the cost overruns impact future budgets - such as investments in other major projects? Will they scale them back, do them in phases, or delay them in order to maintain profitability?

Executive Credibility - Can we trust their estimates for future major projects and can they bring them in on budget (Avatar, Star Wars)? Remember the Exec's confidently put the May date out, followed by the end of last fiscal year (September), and are now not giving any dates. When they stop giving dates, it's a bright yellow caution sign. And analysts don't ask questions about things they don't care about.

But, I don't know, maybe you're right and Angelina Jolie will make all of this a non-issue .....

Of course the analysts are looking at the overruns. That is a major part of what concerns them and I'm surprised that anyone (not you) questions that.