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Non-Tech : Southwest Airlines (LUV))
LUV 30.42+0.4%9:30 AM EST

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To: Sleepless who wrote (268)1/21/2001 2:09:02 PM
From: Sweet Ol  Read Replies (1) of 299
 
I have been long LUV for 20 some odd years. I am concerned in the short term about when the fuel hedges expire and then they will be paying the same as everybody else. This is not a long term advantage. Their business plan, their people and their performance is their long term advantage.

The big boys probably know about those hedges. Don't be surprised if profits shrink a bit in coming quarters. It is not a major problem because they can always raise prices and still be under the competition.

Best to all,

John
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