The regulatory issue is the big thing in the mix. I think these companies are back on track.
I expect the board to come out with a succession plan rather rapidly and possibly give us a date for when Eisner leaves.
They don't want speculators hoping for a pop and because of this range, there probably won't be a pop. If there is one, it would be small and fleeting.
I wouldn't expect a split anytime soon. The founders have said they are not managing this company for Wall Street or on a short-term, quarter to quarter basis.
It looks like growth might be slowing down and that adds to fears of competitive pressures.
With the relationships Miramax has built up in the industry, the kind of scripts they can get, the actors who will work for them, [the loss would be] more of a reputation loss.
To be quite honest, the business is doing really well but the valuation is astronomical.
This is without a doubt the most withholding of support for a CEO of a major company that I have ever seen. It's really an expression of dissatisfaction.
The whole long-distance industry will be getting shaken up. Nobody's sure how desperate MCI will be to regain business.
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