After reading through analyst commentary on Disney (DIS) this morning I wanted to provide a few additional data points that were not included in my earnings summary. These points do not change my conclusion that the quarter was slightly worse than expected and the outlook for share gains in the next few months is worse than I previously expected. However, 2006 still looks like a strong year with multiple drivers which should limit downside in the shares to this morning’s initial decline due to the disappointing quarter….

Here are some follow-up points I may have missed: