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The Walt Disney Company Message Board

  • EngrJohn EngrJohn Dec 2, 2003 3:59 PM Flag

    Eisner is not going to step down!

    Disney is rebounding from of its recent problems. Shareholders are expecting a 30% growth for 2003. Eisner's job is safe for now. One think about the market really cares in the end and that is performance. I and other shareholdes as longest we see a further return on our investments , we will tolerate. The arrow is pointing in the right direction for now! Roy has nothing to say new that I don't know. What he has already said I have seen it happened in the aerospace industry by attacking the CEO's and increased bonuses for the board members and VP's while the companies falter and shareholder value erodes. Check out Raytheon X-CEO Burnham . He got booted out because he was not performing. Day and night difference between him and Eisner. Nothing is new!

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    • << EngrJohn : Disney is rebounding from of its recent problems. Shareholders are expecting a 30% growth for 2003. Eisner's job is safe for now. One think about the market really cares in the end and that is performance. I and other shareholdes as longest we see a further return on our investments , we will tolerate. The arrow is pointing in the right direction for now! Roy has nothing to say new that I don't know. What he has already said I have seen it happened in the aerospace industry by attacking the CEO's and increased bonuses for the board members and VP's while the companies falter and shareholder value erodes. Check out Raytheon X-CEO Burnham . He got booted out because he was not performing. Day and night difference between him and Eisner. Nothing is new! >>


      Disney has indeed recovered somewhat from the effects of 9/11 and the poor general economy.

      HOWEVER, anyone expecting a 30% growth from Disney is as gullible as many of the market analysts out there.

      Whether Eisner's job is safe or not is still up in the air. As for performance, it really depends on how that performance has been achieved. Outside of a small number of relative successes, much of Disney's "performance" has been enhanced by the company's strategy of cost cutting measures. Unfortunately, while those cutbacks and reductions did provide some short-term support for their "earnings", it also caused a lot of damage to the infrastructure of their core assets.

      If you are so short sighted as to accept quick returns at the expense of the company's long-term health, then you and other "investors" like yourself are also to blame for the deterioration of Disney's quality and brand value.

      If you knew what Roy Disney has said and are still willing to let Eisner continue with his faulty management, then the company and concerned stockholders would be better off if you would take your "investment" elsewhere. There are already too many "investors" who are willing to accept whatever the company does just because it�s Disney.

 
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