WILL VALUE JET LIFT OFF? Message Board

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Non-Tech : WILL VALUE JET LIFT OFF?

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To: Mark T. Heath who wrote (4)	6/11/1996 8:21:00 AM
From: robert mcmillan	of 32

You're right- patience is a virtue, but not in the case of VJET. There are simply more attractive airline candidates out there. Yes, VJET will get a slight boost from the Olympics, but keep in mind that they have cut their flight schedule by 50%. So, the impact of the Olympics will be muted. In addition, it's a fair bet that VJET's cost will increase as the company is required to comply with government regulators. Finally, I would point out that VJET was trading far below its highs even before the crash on worries over earnings and growth. I could see VJET going to $15-$18 in the next 12 months; still a nice return based on $12 purchase.

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