Southwest Airlines (LUV)) Message Board

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Non-Tech : Southwest Airlines (LUV))

LUV 30.30

+0.7%

Oct 31 9:30 AM EST

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To: SLSUSMA who wrote (284)	8/4/2002 4:55:44 PM
From: Toby Zidle	Read Replies (2) of 299

It looks like you're right that they hired the bankruptcy guys soon after 9/11. However, they apparently failed to disclose that until this week. At least that's how I interpret the CBS MarketWatch article. Potential class-action plaintiffs could make a good case that this was a material event that should have been reported to the SEC, but was withheld to the detriment of new purchasers of the stock. If they choose to do that, I would have no expectation of price improvement in UAL stock for the next year. LUV is still the better investment, despite its gigantically higher market cap.

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