Alaska Air (ALK) Message Board

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Non-Tech : Alaska Air (ALK)

ALK 41.72

+2.5%

3:59 PM EDT

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To: Kenneth Kirk who wrote (112)	5/3/2000 1:10:00 PM
From: Kenneth Kirk	Read Replies (1) of 152

Story this morning from Dow Jones News Service: ALK significantly undervalued. It quotes several fund managers and analysts saying ALK has been "unduly penalized" for the crash. One gives it a 12-to-18 month target of $50. It also mentions one other reason the stock has taken a beating: the company doesn't hedge against high oil prices the way some airlines do, which left them vulnerable to the recent oil-price runup.

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