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An integrated media & entertainment company engaged in the development, production & marketing of television and pay-per-view programming and live events and the licensing and sale of consumer products featuring World Wrestling Entertainment brands.
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badfish1968 (65.16) Submitted: 7/23/08 10:20 AM : Start Price: $16.74 WWE Score: -0.72
Let's be clear--I personally can watch about three seconds of this stuff. BUT--good dividends, balance sheet. And this is escapist entertainment writ large, and people seek escape as times get tougher and tougher. Since the top Bear pitch for this stock largely references the soap opera intertwined with the matches, as opposed to any fiscal concerns, I take this as an indicator of WWE's ability to enrapture (and understand) their customer base.
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LORDZPAIN (98.55) Submitted: 7/24/08 3:51 AM
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Oh I guess the voracity with which WWE constantly simply gives away free shares to its family should be overlooked ???How nice that they can simply write open checks with the backing of a publicly traded company.Must be nice to be a McMahon....not so nice if you happen to be a shareholder who actually had to pay real world money to get the same share that Stephanie McMahon got for free.
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badfish1968 (65.16) Submitted: 7/24/08 3:57 PM
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Someone with connections, power and money got something for free the rest of us had to work for--I agree, not fair, but about as rare as a sunset. My confusion about the top Bear pitch is in a couple of areas:"well their story lines are bad.." Okay I'm not a fan, can anyone give me an example of a good/bad storyline in this endeavor? raj07 voiced the same worry and he's bullish . . ."they have a tendency to constantly script their televised matches with interruptions in action so that they can go to comercial." --See, as an investor, I like that. Advertising=revenue.And if you did/do own 10k shares IRL, I think you'd be bullish . . . I'm sure Stephanie is . . .I just find it confusing when a player like turtleread (Rated <20) can provide hard data to back up their bull argument, but players with such high rankings can't point to a Business Reason that the stock will fall. I freely admit the Lordz are more in touch with this market than I, so tell me something about market share or partnerships or something tangible on a business or fiscal side that makes it a bad bet and I'll listen. But that somebody else owns 10K shares (who probably wants them to go up as well since, as was pointed out, she doesn't get the same dividend) and you don't like how they got them . . .not enough reason for me.BTW, if you do own 10K IRL, how are they doing for ya? Paying the larger dividend? Up? Down? Again, just curious . . .
LordZ (69.33) Submitted: 8/05/08 1:02 PM
Bad fish I trust the drop in profits and market price answers.Consumers are struggling, and the shows are bad, there use to be a time when matches meant something, you got your monies worth, when the illusions and bad scripts make die hard loyalists not willing to invest let alone watch WWE.That in and of itself, should be worth volumes of hard data.The dividend is holding the current price level and any risk to this will result in a big spiral to nothing...
badfish1968 (65.16) Submitted: 8/05/08 4:00 PM
Yep, the drop in profits counts as hard data!As to loyalists tuning out, my aforementioned ignorance of why/how the programming has declined in, uh, quality, I'll take your word for it.I found the growth in international revenue interesting, though its definitely not currently enough to compensate, I'll be interested to see how/if they continue to leverage that. Hold.
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