E-mail Comcast

[Pat X]

If all of you are really serious about making your feelings known towards Comcast, then what we all need to do is to freakin' show up at their front door and protest them! Maybe I'm nuts, but I don't know what else to do!

Its perfect, the Disney Shareholders meeting is in friggin Philly, where the corporate HQ of Comcast is located! We can show them they are not merging with just another company, this is Disney! They need to know there are people who base their lives off of the idea of what is "Disney." Look at the people who frequent these boards? We're worse than trekkies! Comcast probably has no idea what they are getting with Disney fans. There are people like Al Lutz, Jim Hill, FAB etc who make a living off of just covering Disney (I don't really agree with them) but they'll give Roberts more problems then he wants.

Anyways, if we really want to make an impact, we need to do something bold. And having a respectful rally/protest is something that should be considered.

I'm ready for my straight jacket....

:hammer:

 

[Chris]

This is really up to the institutional investors. If Comcast can convince enough of them to it is a good deal, they can force the Disney board of directors to accept the deal. But based on the performance of Disney stock over the last few days, Comcast is going to have to seriously sweeten its offer. They offered .78 comcast shares for every one share of Disney. My 600 Disney shares are currently worth about $16,800. With the Comcast offer I would have about 468 shares of Comcast worth $14,115. That is not a good deal. Unless Comcast goes up dramatically or Disney drops back to arounf $24 a share, Comcast will have to add incentive to their offer. At a break even point (where Disney shares value equals Comcast value - which is not much incentive) the offer would have to be increased to .93 share of comcast for every share of Disney. This adds over $2 Billion to the cost of the transaction. Not a pretty picture.

Did I confuse everyone?


28 Days, 19 Hours, 0 Minutes, 14 Seconds

 

[Pat X]

Well, from what I've been reading today, it seems more and more "institutional" investors aren't as keen on the merger as it seemed yesterday. I posted several articles on another thread, but here is a quote from one of them:

"All Disney has to do is run its business," said Larry Haverty, an analyst at State Street Research, which owns Disney shares. Comcast's offer requires Disney directors to "evaluate management, but I don't see how there can be doubts about this management."

Haverty, whose firm owns about 5 million Disney shares, said he spent time with several Disney directors this week and left with the sense they were " comfortable with what management is doing."

As to Comcast's offer, he said, the Philadelphia cable company is "a day late and several dollars short."

Keeping my mouse ears crossed that more think like him