I'm thinking of taking a position in Fox, but am wondering if anyone can help me out regarding upcoming profits. Star Wars will obviously be big, but it seems this is well aware of in the market, so wouldn't this have already been factored into price? And could market expectations be almost unrealistic on this front?
Also Fox TV hasn't been exactly scorching lately. Simpsons and x-files are wrapping up, what else are they doing? Seems to me UPN and WB have stolen a lot of their hipness.
What are some of the other main revenue streams for Fox?
This is still looking attractive to me as a 1 year LONG, but am waiting for it to pull back into the low 20's before entering.
Comment dated 2/17/99: Strong underlying operating momentum... Experiencing strength in both film and TV... Highest growth rate in entire sector... Strongly reiterate int. term and long term buy rating with a $35 12-18 month price target. Hope this helps, Neil