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Plexus Corp. (PLXS) Message Board

getshorty559 2 posts  |  Last Activity: Jan 22, 2015 9:27 PM Member since: May 23, 2001
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  • Reply to

    DreamWorks Animation plans substantial layoffs

    by buybackerer Jan 20, 2015 6:45 AM
    getshorty559 getshorty559 Jan 22, 2015 9:27 PM Flag

    Who is going to buy them with aging franchises they've already tried to milk everything they can out of (how many shrek spinoffs can there be?). And now there's nothing in the pipeline for the future. One movie this year. Trolls in the future? What about BOO which actually sounded like an interesting concept, but is now relegated to 2017 (who wants to bet it eventually just turns into a ghost itself?).

    It's over for Dreamworks for a long time. They need a smash hit, and soon. And that's not going to happen this year. And the worst of it is, even if they get one big hit, I doubt they will capitalize it. Katz needs to take that big hit, put it in a theme park, and monetize it. We all know that isn't going to happen.

    DWA is going to get that little boost tomorrow, and then just dribble dribble dribble for the rest of this year. Such a shame, because they always had a lot of potential. Just #$%$ poor management.

  • Reply to

    DreamWorks Animation plans substantial layoffs

    by buybackerer Jan 20, 2015 6:45 AM
    getshorty559 getshorty559 Jan 22, 2015 9:24 PM Flag

    What is shocking is the stock is up afterhours. I think it will open higher and close lower on the day.

    How many times have we heard about DWA laying off, restructuring, "positioning the company for profitability?"

    Same song and dance, though this time it's even more destructive.

    Now for the entire year there will only be revenue from Home. I'm sure that movie will do the same time of box office numbers of their other original titles the past couple years.

    What folks don't get is that the animation CGI space isn't unique anymore. There are several films a year. Gone are the days of when Pixar and Dreamsworks ran rampant through the industry. Now many other companies spit out animated films with comparable storylines, and cost much less.

    And with each year that passes, those hits of DWA get older. Shrek is a distant memory. As as each year passes, the value of the library shrinks. To top it all off, now they are only going to do two movies a year (after this year of course... but remember when they only did two and made a big deal about moving to three a year? oh yeah, that was just a year or two ago. one step forward, eight steps backward.

    What DWA should have done is taken those once hot properties like Shrek, Dragon, and floated a bond deal for a few billion and built an actual theme park. Not some sorta-kinda-maybe thing in a mall in Jersey. Not some musical. Not some corner of a strip mall somewhere. Imagine what they could've added to a real park with the many kids themed properties they got for $100 million? Disney isn't the only one that can do a theme park correctly. Universal is thriving, and not just because of Potter. Their parks were starting to turn around before Potter made his way to their theme parks. Now it's a cash cow.

    Sorry but just too many mistakes, repeated over and over again for DWA. Too many questions. And it has always traded at a premium to the industry. But why? Because of a buyout? (cont'd)

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