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Strategies & Market Trends : Value Investing
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To: James Clarke who wrote (7917)8/1/1999 7:02:00 PM
From: Bob Rudd   of 78911
 
Jim - Airlines - Julius indicated 4 factors key to change:
New management [No elaboration]
Globalization [More travel?]
Shortage of airplanes but says he's only one that thinks this
and most interesting:
Net is transforming =>
35% of seats aren't sold now...net offers way to put butts in em
Reduce distribution costs

Also said in response to question: If all frequent flier liabilities
cashed out airlines would have no revenue for a year [If I heard him correctly]
Not that you didn't know all this stuff already...but that's what he said on WSW.
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