New MGM Ride in the Works?

[crusader]

Truth be told I find those strategies deplorable. Wall Street is an extremely unpleasant cesspool of wants and have to haves. I am not condoning this company's behavior by any means. I probably just always approached my visits from a unconditional perspective and missed the significance of the butter.

Perhaps we should talk about that time.

It has extreme relevance to my argument which will hopefully be better understood - point taken.

 

[Walt's Frozen Head]

I probably just always approached my visits from a unconditional perspective and missed the significance of the butter.

And there's nothing wrong with that; I hope it never seemed as though I was saying that was a bad position for you to take with regard to your own vacation.

Disney is simply suffering deeply from lost customers who do not share your personal approach to vacations and unconditional perspectives.

-WFH
www.jjewell.com

 

[YoHo]

Actually, IIRC Landbaron first became unhappy in 1998 and I first read negative Disney comments in 1999 back when we were still in a boom economy. Now, there is no doubt that the economy has swollen our numbers, but Disney changed these things before the economy tanked for pure greed and guests started to notice this before as well.

 

[Douglas Dubh]

Now, there is no doubt that the economy has swollen our numbers, but Disney changed these things before the economy tanked for pure greed and guests started to notice this before as well.

I don't know if it was pure greed. I think Disney was trying to keep up with the rapid incline of the dotcom stocks.

 

[YoHo]

I have a friend whose father was a broker. He got into Disney in the late 80's, sniffed that Eisner was about to kill the place and sold out right before the stock plunged. In the approximatly ten years he owned the stock it split so many times that it was practically his retirment fund. Disney didn't need to follow the Dot coms ANYWHERE. They were already living that dream. Then ABC loomed up and Eisner remembered that he never really wanted to run theme parks, he wanted to run a T.V.s studio. HEck, those foolish Disney loving slobs will pay for anything anyway, don't need to expand or even do maintainence......

 

[crusader]

Actually, IIRC Landbaron first became unhappy in 1998 and I first read negative Disney comments in 1999 back when we were still in a boom economy............Disney changed these things before the economy tanked for pure greed

No doubt they saw this as a quick opportunity to free up large sums of cash and make a big play for more market share. The theme parks were not where the company was looking to flex its muscles - Ei$ner was emulating the media moguls not the imagineers.

What's the one cash cow they had that they could drain with full confidence it would quickly replenish itself? Problem was in about 12-18 mos the market took a fatal hit. "No big deal" - no need for exec paycuts or downsizing - "get greenspan's stamp of approval; generate an enormous smokescreen on the airwaves; and wall street will rally behind us so we can continue to reward ourselves."

Enter fatal hit no. 2 in Sept. of the very next year. What we are now faced with is the direct result of a few key plays being destroyed by world economic events. There is no quick recovery from this. Unless corporate leaders are willing to make personal sacrifices the consumer will continue to pay for it all. In a recession that consumer is so price conscious they become more savvy in making purchase decisions. A WDW vacation may be considered a luxury item which they simply cannot afford.

 

[Mooobooks]

The Armageddon attraction in Paris stinks, plain and simple. It is a hopeless failure.
The stunt show "Motors, Action" is very disappointing. There is a lot of jibber-jabbering from the announcers at the front and uninteresting interaction with the audience, and fewer stunts actually performed than one would hope for. Both attractions would disappoint audiences here if they opened.