Just for a moment, think of a worst case scenario where someday(not now or the near term, but someday) imagine that Disney goes belly up, parks close, no more mickey.
Could you imagine driving by where WDW (was) and seeing a run down abandonded park with weeds and 1/2 broken down buildings etc..? Picture something similar to the scene from Logan's Run(I hope I have the right movie reference) where they discover the old run down washington DC. You lean over and tell one of your kids(or great-grandkids by that point) "That's where Disney World used to be."
Talk about a really really sad thought.
I hope it never happens in my or my kids lifetimes.
BTW, I had this thought after seeing the DIS stock today and some poor near term forcasts for revenue. Don't get me wrong, I'm not saying its going to happen, nor are we even close to that happening. Absolute worst case at some point, someone would buy it. But, what if????
Could you imagine driving by where WDW (was) and seeing a run down abandonded park with weeds and 1/2 broken down buildings etc..? Picture something similar to the scene from Logan's Run(I hope I have the right movie reference) where they discover the old run down washington DC. You lean over and tell one of your kids(or great-grandkids by that point) "That's where Disney World used to be."
Talk about a really really sad thought.
I hope it never happens in my or my kids lifetimes.
BTW, I had this thought after seeing the DIS stock today and some poor near term forcasts for revenue. Don't get me wrong, I'm not saying its going to happen, nor are we even close to that happening. Absolute worst case at some point, someone would buy it. But, what if????