Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, May 11, 2005

Ahh... the wonderful world of Disney Disney posted a 30% increase in earnings, as its movies took centerstage. Will their theme park receipts hold up with the high price of gasoline? If gasoline stays over $2 per gallon, surely more people will vacation closer to home. On another entertaining note... Carl Icahn is pushing for a seat on Blockbuster's board and the chance to turn things around at this business. Is their model obsolete or will they be able to regroup and compete against the likes of Wal Mart and Netflix? Do you like free stuff? Try the free trials offered by these three competitors, www.blockbuster.com, www.netflix.com, www.walmart.com. Don't forget to mark your calendars to cancel the subscription, or you'll get caught holding the tab.The closing numbers...Dow Jones +19.14Nasdaq + 8.78S&P 500 +4.89One tip... stay out of restricted air space. It could be embarrassing