Peter Pirate
Its not the end of civilization...But you can see
- Joined
- Dec 19, 1999
As a person who supproted Eisner's "cost cutting" inititive because I thought I understood it & believed it would work I would like to discuss what happend & where they CAN go from here.
First, I believe the lions share of the initiative was successful and it did exactly what it was supposed to do (1) Boost Disney's quarterly's (2) streamline the organization & (3) improve liquidity. So, what happened??? IMO, two things happened, one, the economy turned south at probably the worst moment for Disney and (2) the big splash that Eisner anticipated would conclude the inititive & blow the entertainment world out of the water fizzled (DCA, Pearl Harbor & Atlantis).
Now, all of the positive buzz around the great new park & the award winning movies didn't transpire...None of it, and the economy has turned more bleak.
Wall Street has downgraded the stock, meaning that before any of the "specifics" we've discussed on the other thread can or will be talked about seriously Disney has to once again worry about pleasing the Street & beefing up their quarterly's.
What can Disney do, realistically speaking, to avert further disaster? They really needed one of those movies to be a hit & they struck out, so what's on the horizon? Mike can't withstand consecutive quarterly bashing so you know Q3 is paramount.
Any thoughts?
First, I believe the lions share of the initiative was successful and it did exactly what it was supposed to do (1) Boost Disney's quarterly's (2) streamline the organization & (3) improve liquidity. So, what happened??? IMO, two things happened, one, the economy turned south at probably the worst moment for Disney and (2) the big splash that Eisner anticipated would conclude the inititive & blow the entertainment world out of the water fizzled (DCA, Pearl Harbor & Atlantis).
Now, all of the positive buzz around the great new park & the award winning movies didn't transpire...None of it, and the economy has turned more bleak.
Wall Street has downgraded the stock, meaning that before any of the "specifics" we've discussed on the other thread can or will be talked about seriously Disney has to once again worry about pleasing the Street & beefing up their quarterly's.
What can Disney do, realistically speaking, to avert further disaster? They really needed one of those movies to be a hit & they struck out, so what's on the horizon? Mike can't withstand consecutive quarterly bashing so you know Q3 is paramount.
Any thoughts?