I don't know that I like Disney's internet actions. And if you don't like management, I wonder how safe Disney is. I mean, you are counting on them to develop an internet property correctly. I never use the GO network. Are they developing a sinkhole to counteract the cash flow of their real franchises? And do their real franchises grow anymore at anything greater than the rate of inflation? I mean, electronica/internetica is taking dollars from somewhere among the 4-12 year olds. |
Clayton is the lone stock in its sector not yet crushed by any disaster. I don't know what is holding it up. But when it's raining stones, I don't expect even Clayton's umbrella to hold up. We'll see.