| I'm not sure that this topic justifies a note on it's own, but
while us Mods are discussing it, here's some info.
EuroDisney stock has been on the market for about 2 years, and is
quoted in most papers under Entertainment. It started selling at
�7.70, and has risen in steps to about �16.50. The behaviour is
unpredictable (to me), because it moves in much larger chunks than
most other shares, up 45 pence one day, then down 50 the next. It
seems to move (generally upwards) by having two or three days of
increases together before continuing to oscillate about the mean.
I wouldn't like to predict it's behaviour over the next few
months. With the park opening soon, it should carry on up, but it
only needs a picket of French farmers pelting Mickey with eggs
again, and it could drop like a stone.
The only benefit at the moment is as an investment, and for the
beautifully produced statements and glossies. There are no perks
in the sense of reduced admission or accomodation.
If you decide to buy, then you can get them through the NatWest
share scheme, and also use the BT flotation Trading Vouchers to
reduce the dealing fees.
Regards,
Mike B.
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| I own both Disney and Euro Disney. The original I've had for about 6
years and Euro Disney I purchased about 1 month ago at 23.75 / share
through the Toronto exchange. The stock reports in the Barron's in the
U.S. but not in the WSJ. I usually go through Olde ( a U. S. Discount
broker), but in this case used a full service broker which cost $ .50
per share. I haven't received the stock yet, and I specified that I
wanted it sent to me.
I decided to buy it after attending the Disney Stockholders meeting
down in Orlando on February 18th. What a performance. It was held at
the Carribean (sp?) Yacht Club. About 4,00 shareholder's attended. We
parked offsite and were bussed in, and were told "no cameras". We were
greeted by a Dixieland Band playing in the lobby and Beauty and the
Beast in character costume at the door to the yacht Club. The meeting
started at 10a.m. Most people arrived between 9 and 9:30. To start,
the room went dark and a miniature light parade danced throught the
aisle-ways for about 4 minutes. Then the lights came on and the
meeting began. Eisner, Wells, Roy Disney, and Anunzio (sounds like),
the Finane fellow presented. Film clips were shown, financial
highlights, 4 for 1 stock-split announced, pictures of Euro Disney, and
some clips from Aladdin and the Roger Rabbit film coming later this
year. Too much excitement for me not to have a few more shares. So I
went for the Euro Disney.
By the Way, all 10,000 rooms were rented out the weekend before the
stockholder meeting in Florida. I will vouch for that, since I
couldn't get a reservation and ended up staying off-site. Been to WDW
8 or 9 times, Disneyland twice. Euro Disney 0. Sounds like a problem
I'll have to fix.
Lorraine
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