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From rssfeeds@jmason.org  Mon Oct  7 12:05:28 2002

Disney's themepark business is in deep trouble in the post-9/11 world. A war
While aggressively adding attractions, Disney boosted its profit by
steadily raising admission prices. The strategy worked, helping deliver
record profit for Disney year after year.
"The strategy was build, build, build. Every year there was something new,"
said David Koenig, a Disney historian and author. "It was an astounding
growth period.... Now they're overexposed."...
Theme park operating income for Disney this year is expected to fall 27% to
$1.16 billion, said Prudential Securities analyst Katherine Styponias. By
2003, she said, the business could climb to $1.49 billion, depending on

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From rssfeeds@jmason.org  Mon Oct  7 12:05:25 2002

URL: http://www.newsisfree.com/click/-0,8613660,159/
Date: 2002-10-06T18:13:00+01:00
“But industry analysts say…” Four little words that can make your investors
squeamish, put you right in the middle of the hot spot in the market, or send
the retail buyers to the phones to either double or cancel their big order of
your game. But who are these analysts? Who anointed them the masters of the
future and trends? Are they real people?