You're issuing 13 percent of Disney (stock) to buy a company that has a good record but a small company. I'm in the camp that says it may not be that necessary.
More Quotes from Mario Gabelli:
I would vote for the Hilton deal.Mario Gabelli
I like existing management's plan for the company but that doesn't mean we know how we're going to vote yet.
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I think we're going from a market that's driven by momentum and driven by a flow of funds to a stock picker's market. That's going to provide very good opportunities for those that are focused on given areas.
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It goes to show you he has a comfort factor with the power he has at Disney.
Mario Gabelli
I have to echo the comments of those who would argue this plan is dead on arrival. It's got no zip to it. We need to see something else.
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Life can make you do many things, even kiss a man with a runny nose.Mikhail Kalashnikov
A scholar who cherishes the love of comfort is not fit to be deemed a scholar.
Lao Tzu
For an author to write as he speaks is just as reprehensible as the opposite fault, to speak as he writes; for this gives a pedantic effect to what he says, and at the same time makes him hardly intelligible.
Arthur Schopenhauer