Walt Disney Company (DIS) (The) (Holding Company) (NYSE)

•  18/05/02 This share entered chaos in 1998 after a steep rate of increase in the share price. One would have predicted that the 1999 recovery should have continued until US$45, however the rate of increase was too steep and the share price went into chaos even earlier than in 1998. This was repeated in 2000, with a rate of increase too steep to be sustainable. In 2001, the recovery was just as steep and very short-lived. In 2002, we see a much more sustainable rate of increase, that if maintained, should see a share price of US$30 within 12 months, and $35 over two years.
• This share appears undervalued. The large fall from May was not predicted.
• 31/12/03. A sustained recovery should continue to well over $30 in 2004.
• 22/5/2004.  A rise is possible, but $30 by the end of 2004 now seems unlikely.
• 14/7/2005.  Another dud. This share may reach close to $30 by the end of 2005, but is just as likely to remain steady.
• 04/06/2006.  A short decline is likely, but the share should grow, but be below $35 in 2006.
• 04/2008.  I would invest in this stock. It may still drop through 2008, but should be at $40 by 2009. This share price has undergone a safe period of correction and is now poised to rise again.