AEfx
Well-Known Member
What part is the tall tale -- seems to me like JH getting tossed from a park due to an unauthorized tour is pretty widely known. The part about LM getting away with it because he has a state travel agent license?
That sounds like a fan boy sourced "Amidala didn't die of a broken heart" kind of 'scuse.
Makes you wonder why they are not building a cash hoard like AAPL or CSCO since it would be useful for acquisitions or downturns in the business cycle.
Odd very odd indeed.
Hasn't Apple been doing a great deal of buy backs themselves?
I know very little about that type of gambling, but I feel like they have been getting the same type of criticism.
AAPL and CSCO, CAT and a bunch of other don't feel that way, All you need is one bad event (Ebola outbreak anyone?) and the commercial paper market will freeze instantly just like 2008 and Lehman Bros..
Just imagine the nightmare scenario a patient is quarantined for Ebola at WDW. The place will be a ghost town overnight and all the cash generated at the WDW ATM disappears overnight at which point TWDC is in a world of hurt because as I recall they only have 1-2 billion in cash on hand and that's not going to sustain operations very long in light of the 13 BILLION profit WDW produces for TWDC.
Well, there's another possible thought: The company could be trying (slowly. Very slowly) to get back to 50.1% in house.
That's what a stock buyback signals to me. Same with Apple. I won't be surprised if Apple went private again - it's happened before.