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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (41528)2/27/2011 12:59:12 PM
From: Madharry   of 78595
 
I remember one of the guys big on free cash flow being very down on the cruise industry saying that pretty much all the profits and depreciation go to buying more ships. did not do any of my own due dilligence, but it made sense to me that people after a while wise up to the fact that you can save quite a bit on cruises if you dont drink, gamble, or shop. in mexico i went to an all inclusive resort. they might have made more money than usual on me as i am such a cheap drunk. on the other hand i have a healthy appetite. I flew on jet blue and anecdotally lots of negative sentiments expressed on that one. the flight home was delayed in fort lauderdale by 3 hours. 1/2 hour before we were supposed to board they announced that the flight crew was being brought in from jfk and was only now getting off the ground. when we got off the ground the pilot said the delay was due to mechnical failure of the first plane. while i was waiting a woman next to me said that she had been trying for 3 days to get back to nyc but several flights were cancelled due to mechanical failure. she was not a happy camper.
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