Tuesday, March 02, 2004

Wall Street Marvel: Why crunch numbers when someone else will do it for you (and probably better)? I was going to sift through Marvel's fourth-quarter figures, but I just ran across Fool.com's assessment of the company's stock split, and a translation of Allen Lipson's corporate double-talk:

"A little more of that and I'll have everything I need to fertilize my garden this spring. Under the plan, shares will be repriced from around $33 to $22. Do they really think that America's comic-book fans can't afford the extra $11 a stub? This looks like a facile and unnecessary attempt to hype the stock. Here's some unsolicited advice for Marvel's management: Sell the superheroes. Make loads of money. Let the shares sell themselves."