I'm pleased to see the response of my thread.

Well, for those of you who immediately jumped all over my statements, yes, I have full understanding of business, so let me put some context to this.
Number one, have you still not FIGURED out that "the economy" and so forth is a continued excuse? This company has been gradually taking away things since the late 90s with the boom still in full bloom. The absurdity of attraction closures began under Judson Green in the mid-90s. Mr. Eisner has continued to run division after division into the ground and is running out of pieces to milk in the theme park division to pull additional profit out of. It's laughable to see the crocodile tears from this company, who still has an incredible profit margin in their theme park enterprise.
Secondly, I am a business owner. I have employees and we have a rocky economy. A GOOD, SOLID business reaches out to the consumer in a down economic trend, especially to the base. Our company fully understands that our return on investment will be lower during uncertain times, but the last thing that we ever want to do is take away from our consumer. The last thing a business should do is raise prices in a economic downturn, the absolute last.
Much of the rationale that I've heard in the thread makes no sense. So, for example, companies might cut employee hours, but they don't raises prices. On the contrary, you can find savings at department stores and meal deals at establishments that haven't been seen in years. $5 of $15 at Benningans, TGI Fridays, nice deal, for certain. They are trying to attract business and then add to their base/foundation once the economy is in full swing in the future. That's smart business, very smart. Trying to boost business, while taking an artificial loss on the meal ticket, but for future gains with an increased loyalty base.
Macy's doesn't raise the price of a $25 shirt to $29 in a downtime, rather they offer extended savings promotions.
As for the rationale that American food portions are too large, that isn't the issue! Disney sells garbage food absolutely everywhere on their property and licenses their brand out to some of the most worthless food on the planet. Good nutrition isn't the issue at hand. You completely play into my argument that dining establishments all over this country are increasing the portion sizes, not reducing them.
Thirdly, prices have INCREASED within the several months on the food. You do not pay more to get less. It seems to be at every cut, hour reduction, and attraction closure that there is a chorus out there that continually makes excuses. I'm glad to see that some of you are glad to be continually taken advantage of. I don't need to add the closing of Innoventions at 7 PM, which they have instituted in the past month, too. Or Imagination? Maybe I do. I'd sure be glad to be UL, who just opened a new attraction in Innoventions, to know that I am now getting two hours less of advertising for my company a day because the employee cost/profit ratio is too high for the company to bare.
Another Voice is correct, as usual. The company isn't interested in hearing my concerns or yours. Their guest satisfaction surveys are worded and structured in such a manner that it is usually difficult to get anything except a favorable response, even from a disgruntled customer. Kind of like a pollster asking "Do you support the President attacking Iraq?" or "Will you support the President in an attract in Iraq?" Many will disagree with an attack (for example sakes, not political here), but once the troops are there, they will support the campaign due to the troops. Same question in basic structure, extremely different results. It's a twist of words.
Universal Orlando has strengthened the quality of their product, offered outstanding annual passholder promotions (FL resident, $99) and has increased their attendance over the past two years.
I have in-laws who came down in October and thought that Disney seemed more like Six Flags and Universal more like the old Disney. My parents are Disney nuts.. they now stay at Universal/Loews properties in Orlando.
1st quarter '03, Walt Disney Co... $1.5 billion in income on the theme parks, $225 million in profit. A quarter of a billion dollars in profit with a weak travel economy is quite good. Wal-Mart did a bit over $71 billion in sales during the 4th quarter of '02 and brought in $2.5 billion in profit. In the ratio of many companies, Disney is making a VERY healthy profit in the theme park division. Also, the argument of appeasing Wall St. is worthless at this point, too. Many companies have given up as the true reality is that if the company reports good news, it's not rewarded, if the company reports bad news it's not impacted. Stock pricing and company earnings are undergoing a fundamental shift post-dotcom. The market's importance wanes as the economy sputters and the general public fails to invest.
The topic shouldn't be for going at eachother, rather a reality check that after several years of cut after cut, it's getting ridiculous. It's called poor business management on the part of the Walt Disney Company and their utter lack of looking at the consumer as a guest presently, you're a dollar sign. I personally get tired of reading these flawed arguments about Disney being a business. You're right and their approach misses the point of a long term successful business plan.
McDonalds franchises are begging the company to do something about the Disney Happy Meals, it's dragging sales down of the product. Disney has saturated the marketplace so inherently that it is damaging the long term success of the brand. We shall see what happens there.
Last points.. I read that well basically Disney can take away because essentially the stupid tourists don't know any better. That is true, but then Disney is on yet another advertising blitz to grow the local Annual Pass base. Well, if you are interested in growing your base of regulars, those are the type of people who do notice when you take things away and raise prices, so the effort to get the locals won't matter much in the end once they realize that it's a continual game of taking away from the consumer.
I as a shareholder am very concerned with the business plan of this company with their utter disregard for the consumer. The attitude of some is take it or leave it. If you don't like it, then don't buy the product, but don't complain about it either. Well, I thought that it was an example of something so slight, but so symbolic of a deeply engrained problem engulfing the company. We'll see, but nothing seems to be running so well for the once grand company. It's a shame to see a place that I've enjoyed so much over the years fall so quickly.
BTW-They haven't been running the trams at Epcot either, at least not during the early evening like they always had. Tough for grandma, I guess. It's just good business sense to save some gas and a few cast members. Great show.