For all you Eisner Haters!

[speck76]

Philharmagic's chairs wouldn't be ripped if there was a high budget..

really.....wow

ripped chairs would not be due to the "heavier every year" guests, or the way that most people treat the park like crap.....no....nothing to do with that at all

 

[speck76]

...and the Basses sold a large stake in Disney in OCt. 2001 but they still own a sizable chunck.

If you take what Roy, the Bass's, and Eisner own, and triple it, the numbers is still not as much as Barclay's Bank holds. (Fidelity and Citigroup are up there too)

 

[Mr. Eggz]

If you take what Roy, the Bass's, and Eisner own, and triple it, the numbers is still not as much as Barclay's Bank holds. (Fidelity and Citigroup are up there too)

Not true. But even if it was, what's your point? These are not private investors.

 

[Mr. Eggz]

really.....wow

ripped chairs would not be due to the "heavier every year" guests, or the way that most people treat the park like crap.....no....nothing to do with that at all

If the material used to make the seats were sronger or replaced more frequently (even though the attraction is less than 2 years old), it would not be ripped. The point is Disney cuts corners today they never would have in the past.

 

[speck76]

Not true. But even if it was, what's your point? These are not private investors.

the point being private investors don't mean jack.......the vast majority of the company is held by banks, trusts, and pension funds.

 

[speck76]

If the material used to make the seats were sronger or replaced more frequently (even though the attraction is less than 2 years old), it would not be ripped. The point is Disney cuts corners today they never would have in the past.

perhaps no material would stand up to the abuse by the rude and overweight guests of today.

Considering we just went through Spring break, a VERY busy time, perhaps the amount of guests over that time caused the material to fail.

 

[Robfasto]

perhaps no material would stand up to the abuse by the rude and overweight guests of today.

Considering we just went through Spring break, a VERY busy time, perhaps the amount of guests over that time caused the material to fail.

I agree, part of the problem is that some people set out to destroy things. Just look at nearly any public bathroom stall and check the graffiti and holes in the walls. If someone puts even a small hole in the corner of a seat it wouldn't take long for that little hole to become a big hole.

Although I also agree that during the parks early years these things were caught and repair a bit faster than they are these days.

 

[Mr. Eggz]

the point being private investors don't mean jack.......the vast majority of the company is held by banks, trusts, and pension funds.

The discussion we were having was about private investors. Read the thread. And since Eisner and Wells got their jobs and changed the course of the Comapny as the result of the support from two private investors (Roy and Sid Bass) I would say they have an impact...look at Warren Buffet. Mutual Funds and Pension Funds follow the lead of private investors...or weren't you paying attention during that whole 45% no vote last year. Mutual Funds and Pension Funds are run by boards whith Chairmen who are replaced from time to time, they're fluid inconsistant organizations, where as the support of a strong prive investor (like Eisner had in Sid Bass for 17 years) is extremely powerful. Eisner had the support of the Funds until he lost the support from the private investors.

Please read Storming the Magic Kingdom by John Taylor for more information...but thanks for coming out to play.

 

[askmike1]

The discussion we were having was about private investors. Read the thread.

This thread had nothing to do with private investors. The thread was about this article. This is an article that doesn't mention private investors once. It shows how Eisner saved the company and provided facts about it. Before telling someone else to read the thread, maybe you should first.

-Michael

 

[speck76]

The discussion we were having was about private investors. Read the thread. And since Eisner and Wells got their jobs and changed the course of the Comapny as the result of the support from two private investors (Roy and Sid Bass) I would say they have an impact...look at Warren Buffet. Mutual Funds and Pension Funds follow the lead of private investors...or weren't you paying attention during that whole 45% no vote last year. Mutual Funds and Pension Funds are run by boards whith Chairmen who are replaced from time to time, they're fluid inconsistant organizations, where as the support of a strong prive investor (like Eisner had in Sid Bass for 17 years) is extremely powerful. Eisner had the support of the Funds until he lost the support from the private investors.

Please read Storming the Magic Kingdom by John Taylor for more information...but thanks for coming out to play.

a 45% no-confidence vote.....and the company is about 40% held by private investors.......hmmm

 

[speck76]

This thread had nothing to do with private investors. The thread was about this article. This is an article that doesn't mention private investors once. It shows how Eisner saved the company and provided facts about it. Before telling someone else to read the thread, maybe you should first.

-Michael

and maybe he should not be such a$$ with a big ego

 

[Mr. Eggz]

a 45% no-confidence vote.....and the company is about 40% held by private investors.......hmmm

Um California State pension fund, New York State Pension Fund. None of the mutual funds supported Eisner that year. Are you trying to re-write history or do you just not know any better.?

 

[speck76]

Um California State pension fund, New York State Pension Fund. None of the mutual funds supported Eisner that year. Are you trying to re-write history or do you just not know any better.?

NONE of the mutual funds......then who made up the 55% that did not vote no-confidence? Perhaps you do not know any better?

 

[speck76]

and actually....private investors only hold 33.22% of the company

 

[Mr. Eggz]

I could be wrong (and it happens a lot), but didn't the Bass family pull there stock out of Disney?
-Michael

Didn't you start this branch of the thread?

 

[Mr. Eggz]

NONE of the mutual funds......then who made up the 55% that did not vote no-confidence? Perhaps you do not know any better?

Now you're just making up numbers.

 

[Mr. Eggz]

really.....wow

ripped chairs would not be due to the "heavier every year" guests, or the way that most people treat the park like crap.....no....nothing to do with that at all

I suggest you watch your tone and your language. Why do you think you can talk to and about people like this? Do you think it is okay to call someone an a$$?

 

[speck76]

66.88% of the comany is owned by 2,031 institutional investors

The largest is Barclay's Bank PLC, with 91,880,047 shares, which was up 545,777 when they reported on 12/31/04

The second largest is Fidelity Management and Research, with 75,297,348 shares, which was up 7,686,083 when they reported on 12/31/04

The largest mund that is invested in WDC is the Fidelity Magellan fund, with 19,501,500 shares, which was down 200,000 shares when they reported on 12/31/04

The largest insider investor is Roy E Disney, with 16,510,280 shares

 

[speck76]

I suggest you watch your tone and your language. Why do you think you can talk to and about people like this? Do you think it is okay to call someone an a$$?

I call it as I see it Eggz....drop the ego, and I will drop the language.

 

[Mr. Eggz]

NONE of the mutual funds......then who made up the 55% that did not vote no-confidence? Perhaps you do not know any better?

From CNN...

Following Wednesday's vote, California's Calpers, the nation's largest pension fund, called for Eisner to resign by the end of the year and urged Disney to split the role of chairman and CEO. Calpers owns more than 9.9 million shares of Disney. The pension fund had said it would withhold its vote for Eisner at Wednesday's meeting, but this is the first time Calpers has specifically called for Eisner's ouster.