So, what shareholders have voted?

[Chuck S]

Originally posted by raidermatt
I think its fair to question those voting with Roy, but not fair at all to ONLY question those voting with Roy.

True, and I did READ the bios and proposals prior to voting. This is true of ALL the stock proxies I receive, no matter what company it is for, and no matter whether it is hard copy material or electronic.

What I find of concern, is there were threads asking how to vote on the stockholder proposals, and why, yet they were for the most part ignored. So, that leads me to believe that many, many folks are "voting blindly", no matter how they choose to cast their proxy. Not a good thing to do.

 

[TeenaS]

I'm the person who said "I voted per Roy's instructions." I have read the annual reports for the past 12 years and for the past 5 years have voted against ME and some of the other board members mainly because of the what I consider the as a decline in the Company - - both at the parks and in their animation/movies. I just happen to go along with what Roy is saying. Sorry if my words sounded "strange." I never just vote what the Board recommends nor would I just vote what Roy recommends - - I am fully capable of making my own decisions and this year they were exactly what Roy's instructions were in his letters and on www.savedisney.com. Sorry if my wording offended anyone.

 

[raidermatt]

With respect to this thread, I think Teena hit on the main point... "I voted per Roy's instructions" is no more an indication of blind voting than "I voted as the Board recommends".

 

[Spacedude]

I think most people were just answering the question, not doing into detail how they came to the conclusion. But being that the topic has opened up…I for one did not just read the board members bio’s…they say nothing or very little on their actions on the board during their tenure. I did many hours of research on the web…went back many years and read the annual reports which I have, but are also available online.

I’m own a large number of shares, which is why I think I not only received letters from Roy Disney and Stanley Gold, but also from the Walt Disney Company itself signed by the board members, (not sure maybe they sent letters to all share holders) each stating their position on the company….which prompted me to dig deeper.

There are many articles on Disney management, deals, board members actions, etc. on the internet, and from many investment websites. I went all the way back to pre-Eisner days. If you read and analyze the articles by numerous authors, to include Disney board members, stock trends, and the annual reports...you will see a very interesting trend. It was very obvious that the Eisner/Wells team did well…very well…but then notice what happened after Wells passed. Then look at the annual reports…many of which started with the theme that it’s been a very difficult year for Disney, and then goes on to explain why. In the reports Eisner talks about the expansion and in the coming years all we have to do is reap the benefits. Well, this went on for several years, then 9/11…which was no doubt a blow to Disney and many other travel related business…among others. Then look at the actions of the board members, with all deals that did not go well, and the raises the board approved for Eisner and crew, during one of the Disney Company’s most difficult time. Look at the successes during that time, and how they were handled. Look at the production successes during Wells tenure, and then after Wells tenure…and the Pixar successes compared with Disney Productions…and we all know what happened to Pixar (all though when you read various articles…both companies drove a hard deals). There are tons of articles and stories, and statistical trends about Disney management and deals, from the parks to ABC to ESPN to the Disney Store to every entity that Disney owns. My own conclusions, Roy Disney’s argument had more merit than Eisner’s argument (both augments have flaws, which you will notice if you do your homework…but one does have more merit than the other). Some of you may disagree…but that’s OK.

So, as Chuck alludes, you need to do the research before you vote…however much more than just read Bio’s and what is being voted…look at the trends…do you own analysis…weigh the risks verses the benefits…and come to your own conclusions…..and most important be ready to accept the consequences or benefits one way or another of your vote.

 

[rpink58]

I voted against Eisner and not so much for Roy. For the good of the company he and his boys(and women) need to go.

 

[Tigger2ntinkerbell]

I have just received my proxy via email. I have cast my vote .

Tigger2ntinkerbell, Michigan

 

[raidermatt]

So, as Chuck alludes, you need to do the research before you vote…however much more than just read Bio’s and what is being voted…look at the trends…do you own analysis…weigh the risks verses the benefits…and come to your own conclusions…..and most important be ready to accept the consequences or benefits one way or another of your vote.

Well said, Spacedude.

 

[Goofyposter]

Spacedude......I agree......

"I own a large number of shares, which is why I think I not only received letters from Roy Disney and Stanley Gold, but also from the Walt Disney Company itself signed by the board members, (not sure maybe they sent letters to all share holders) "

---->you're not alome!

" It was very obvious that the Eisner/Wells team did well…very well…but then notice what happened after Wells passed."

--->Soooooo true...God rest his soul.


"....Then look at the actions of the board members, with all deals that did not go well, and the raises the board approved for Eisner and crew, during one of the Disney Company’s most difficult time.
.."

"Look at the successes during that time, and how they were handled. Look at the production successes during Wells tenure, and then after Wells tenure…and the Pixar successes compared with Disney Productions…and we all know what happened to Pixar (all though when you read various articles…both companies drove a hard deals).

My own conclusions, Roy Disney’s argument had more merit than Eisner’s argume."

---->I couldn't agree more!

"....you need to do the research before you ..…look at the trends…do you own analysis…"

--->Always sage advice to any shareholder of any company!