Last Tuesday, Ted James saw a new movie he didn't much like, and within 24 hours the stock of the film's producer had dropped $83.2 million. Is this the plot for a high-finance thriller? A studio executive's nightmare? The full story is a little of both, and a fable proving that the stock market is just as vulnerable to whims and whispers as the movie industry.
James, 39, an analyst with San Francisco's Montgomery Securities, flew to Los Angeles for a trade screening of TRON, a $21 million innerspace fantasy with which the Disney...
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