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[aloha2213]

WALT DISNEY CO. FELL 11/16, OR 2.3 PERCENT, TO $29-3/16.
**Morgan Stanley analyst Richard Bilotti said on Tuesday he cut his ratings on media and entertainment companies Viacom, News Corp. and Disney to outperform from strong buy. It set News Corp.'s share price target at $54.
The firm said it downgraded Disney primarily because sports advertising at its ABC and ESPN TV networks was suffering from "a post-Olympics hangover." It cut Disney's price target for fiscal 2001 ending Sept. 20 to $40 from $50 and his 2001 earnings per share estimate $1.06 to $1.01.

"a post-Olympics hangover." GIVE ME A BREAK!!!!!! Sometimes my gut tells me brokerage houses make sh*t up or at least embellish and over-react so they can manipulate prices and execute more trades. This whole advertising revenue fear collapsing the price of media stocks is one of those times. JMHO