Stanley Gold and Roy Disney will be on CNBC today

Yesterday, when they were doing an update during one their shows, after going on an on how this was bad timing and Eisner would be fine, the one guy said that he heard it cost $50 to get into their theme parks and he thought that was a bit high. The other guy nodded and said, yeah, they have to do something with their price thing there.

Basically, I think analysts are pretty worthless. They have to cover so much, that I don't think they have any knowledge about the true state of any single company. So much of what they're saying seems based on hearsay.
 
There are some good analysts out there, but in general, they are number crunchers and don't always have a good understanding of what really drives a company's business. In the case of Disney, I think this is more of an issue because its not as simple as just making a good pencil, or following the demand for oil. There's a lot of intangibles.

About a year ago, I posted an old article here that I had come across that was written prior to DCA's opening. It had comments from analysts saying that Disney "had this (the process of opening a park) down". No analysts were cautioning that the park may not be what Disney's guests were looking for.

If they can miss that by such a wide margin, clearly they don't really "get it".
 
My father would always say that the majority of these analysts and so called Wall St. experts couldn't hold any job in the real world. Very true. It's always interesting to hear a story (such as Roy Disney) get major play in the press, and see how much of their information is inaccurate or poorly researched. It's shows that much of the information we get about topics aren't really accurate. ::MickeyMo
 
Don't know if it will help, but I sent an email to the address provided for Stanley Gold. Here's what I wrote:


Mr. Gold,
I want to thank you and Roy E. Disney for your courage and wish you well in your pursuit of what's best for The Walt Disney Company. Earlier this year I began purchasing a small amount of shares each month. Though I am a small investor in the company I will support your and Mr. Disney's goal of bringing new management to the company. I think you will find many shareholders that feel the same way. Good luck in your efforts and I look forward to learning about and helping move towards a better future for our company.




Peace
G4L
 
I would be very interested in any response you may receive to that .

My wife and I are contemplating not going back to Disney until Eisner is out. If we finally do make that decision, we considered writing letters to all the upper management and directors that we could get contact information for. It may not make a difference, but if enough people made those kinds of intentions known to those folks, changes would have to be made wouldn't they? Especially if we tell them we will start spending a week at the Universal Resort instead. Disney buying into what the analysts say and forgetting about their customers could cost them dearly.
 
Originally posted by disneyatheart
Yes, you can count on my vote too! I read Eisners book -however, afterwards I regreted buying it and making him a profit. The tone and message in his book conveyed his egotistical, narrow minded leadership style!

We need to keep a Disney on board if we want WDW to maintain its reputation and its greatest strength: customer service and personal attention to others.

disneyatheart - I was just thinking the same thing! A good friend gave me Eisner's book for my birthday a few years ago, knowing what a huge Disney fan I am. I read less than half of it. I, too, became disgusted with his self-praise, and generally found it to be a boring read.

And I agree wholeheartedly that Roy Disney, Jr. should remain on the board...he is the closest link we have to the vision of his father and uncle.

hopemax - Thank you SO much for taking the time to transcribe the CNBC interview!
 
I really don't understand what reading or not reading eisner's book has to do with being a disney fan or not. I read the book and enjoyed it just fine. That doesn't mean I think he's great or the worst but it helped to give insight into who he his. I still remember thinking how he IS NOT one of us 'normal' Disney fans, with his silver spoon and all...But still this all or nothing attitude has got to change. It reminds me of the right wings portrayal of Michael Moore's work simply because they don't like the message. I think it's better to hear all, try and comprehend all and form your own opinion based on what you can believe to be true...It's better to hear both sides before making a decision rather than just listening to one side which is undoubtedly going to bash the other. While I am standing strongly with Roy on this one it cannot be forgotton that Roy himself had a big part in allowing things to get to this point...

pirate:
 
One could say that Roy is the one who created this entire situation. If he doesn't handpick Frank Wells, Eisner never gets his claws into Disney. Of course, it seemed like a great idea for a really long time.
 
Another programming note...

Paula Zahn will have an exclusive interview with Roy on CNN tonight at 8PM ET.
 








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