Southwest Airlines (LUV)) Message Board

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Non-Tech : Southwest Airlines (LUV))

LUV 32.46

+3.0%

3:59 PM EST

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To: Larry Leeth who wrote (145)	5/5/1997 4:33:00 PM
From: Wallace Rivers	of 299

Congrats on $$$$ made! I too am long LUV low 20's; it seems LUV gets whacked every time there are downgrades of its brethren in the industry. Most of these downgrades are based on the fact that the stocks have had tremendous runs. IMO, I think LUV has some catch up to do with the other airs. I don't think LUV is a stock you buy and hold ad infinitum, but I do believe it can trade back to its 52 week high, and play some catchup with the likes of DAL, UAL, U etc. I also think what we are seeing in the market now is not merely a head fake. I believe it is the beginning of a genuine summer rally. Breadth of the market is too good for this to be a "bear trap". GOOD LUCK!

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