Word: lightyear
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Kids and retailers of all ages will fondly remember Sheriff Woody (voiced by Tom Hanks) and his battery-powered pal Buzz Lightyear (Tim Allen), who together saved a lot of other toys from a fate worse than yard sales. This time hero Woody is the victim--kidnapped by Al to complete a set of classic '50s toys. Turns out Woody, or the marionette that inspired him, was once famous. He starred in his own TV show. He generated spin-off merchandise like radios, yo-yos, ukuleles. Heck, he was on the cover of TIME...
...video. STEVE JOBS, CEO of Pixar Animation, didn't want that to happen to his babies. "When we decided to do Toy Story 2, we wanted it to be as good as the best live-action sequels, as good as The Godfather II." This doesn't mean BUZZ LIGHTYEAR will swim with the rubber duckies, but WOODY does get abducted by an unsavory toy collector. When the movie hits theaters in November, new cast members JESSE THE COWGIRL, the PROSPECTOR and the evil ZURG will join the originals, who despite advances in technology, look much the same. "We stayed true...
Kids and parents alike marveled at the computer-generated antics of Buzz Lightyear and his floppy rival Woody. But that was child's play compared with the technological high jinks Pixar is cooking up for its upcoming Disney movies, A Bug's Life (due this fall) and a sequel to Toy Story (1999). Next on the 3-D animation studio's plate are convincingly rendered humans, the first of which appears in an imaginative short called Geri's Game. Director Jan Pinkava used powerful new software tools to create the skin and facial expressions of an old codger battling...
Like Buzz Lightyear, the gung-ho plastic spaceman in Toy Story who thought he was real, investors in Pixar Animation Studios have learned that reality bites. Pulled down by the collapsing, technology-driven NASDAQ market, Pixar stock fell 5.7% last week, to close at $16.50, light-years from its November high of $49.50, signaling that the almost cartoonish rush of IPO investing is finished...
...prices could signal a return to sanity that will strengthen the market over the long run. "There was rampant speculation this spring that needed to be dampened," says Robert Natale, who directs research on new issues at Standard & Poor's. Perhaps IPO investors will learn, as Buzz Lightyear did, that there is life even after the bubble bursts. --Reported by Bernard Baumohl/New York