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Non-Tech : Vanguard Airlines (NASDAQ VNGD)

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To: Robert Graber who wrote (63)6/20/1997 12:20:00 PM
From: Chris Singer   of 65
 
I don't know about the new president. I was under the impression that John Tague was the man to lead them to profitability. This means either John failed miserably, or that it was his job to install the new strategy and now they are bringing in someone to tighten down finances. It is true H & Q owns most of the stock and will do the best to make the most of their investment. They have lost a ton of money. VNGD's planes are leased so I don't think they will be selling them.

I am going to call the only analyst who covers them and ask what he thinks. I can't do it until Monday though because the number is at home.

Chris
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