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Non-Tech : Delta Air Lines, Inc. (NYSE: DAL)
DAL 57.38+0.5%Oct 31 9:30 AM EST
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To: Skipperr who wrote (58)2/14/2000 1:04:00 PM
From: Daniel Shaffer  Read Replies (1) of 82
 
Thanks! P/E's look good for UAL and DAL so far.

I just calculated P/E ratios based on expected earnings for FY2000. At $46.50 per share, DAL's forward P/E ratio is 6.78 on expected EPS of $6.85.

For UAL, the forward P/E ratio is even lower, 6.1, based on current price of $52.13 per share and expected FY2000 EPS of $8.54.

As you suggest, fuel costs and new pilot contracts appear to be the wild cards to watch.
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