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The Walt Disney Company Message Board

  • the_humanitarian the_humanitarian Jul 7, 2008 11:28 AM Flag

    LEHMAN'S BEEN READING MY POSTS

     

    Lehman cut their target for Disney from 40 to 29.
    My 12 month target is 18.50.
    My take on theme parks is that they will be severely impacted, not merely distressed by rising energy prices and the concurrent shift in consumer behavior.
    I am supremely confident that I am both correct and early.

    TO ALL MY FRIENDS AT DIS, LET ME BE CLEAR ABOUT ONE IMPORTANT THING. YOU REALLY NEED TO HEAR AND UNDERSTAND THIS:
    The downside to this market is severely understated by all houses, including Lehman. After all, they're all in the 'hope' business (as in 'hoping you don't take all of your money out of American equities so I don't lose my house in the Hamptons').....


    To those on this board who severely castigated me for being accurate, best wishes and good luck to you.

    H

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