So what if some prefer to call it hype. IMHO, It is "Time To Buy" !!!
Target Price is $50 (or more) in 12 months. The current price is very close to 52-week lows.....
October should be a big month for product sales. (Lots of pre-sales for one of the hottest DVD of the Year.)
Calendar of events ---------------------------------------------------------- * September - Pixar's Annual Report * October 01 - "A Bug's Life" on Pay-Per-View * October 14 - Premier of "Buzz Lightyear of Star Command". The Television Series * October 17 - Release of "Toy Story / Toy Story 2 - DVD 2 Pack" * October 17 - Release of "Toy Story / Toy Story 2 Collector's Set - DVD 3 Pack" * October 26 - The Pixar Annual Shareholders Meeting * Oct. - Dec. - The launch of many new toys and products based on Disney/Pixar characters
* End of summer - Linux for Intel Processors batch version of MTOR 2.1 * End of summer - Alfserver for Linux and other supported platforms * End of summer - Annual Shareholders Meeting * In time for the holidays: Videos, DVDs, Toys and much, much, more
Note: According to Pixar's website, Pixar's annual report "should be made available by late September". In prior years the report normally included Steve's letter to shareholders, but the website doesn't make any claims about that.
Convert blockbuster movies to video and DVD Create commercials for upcoming products Hire top talent away from other studios Build a new home in Emeryville Begin productions on several new movies Stockpile cash so they can get out from under the Disney deal Execute all promises on time and on schedule
Yep, with over $210 Million in the bank, a pipeline of products ready for October you sure do have a lot to complain about.
Of course, if you are patient then you will be rewarded in the essence of time.
We've now dropped below the 52-week low. The price is an excellent buying opportunity and Pixar is a great long-term investment.
A stock that did nothing during the past three years. This stock didn't go up during a raging bull market... but it is going down now. It is close to a three year low, has money in the bank, but pays no dividends... except to employees.
Pixar gives its employees stock bonuses -- not options -- allowing them to sell and rake in the bucks while increasing the float and diluting share value. Face it -- good company, crappy stock. On the next little run, I am out. Have been long nearly 3 years and lost money. How much patience am I supposed to have. This is no moneymaker, and Jobs clearly doesn't give a hoot about the stock price or shareholders.