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Non-Tech : Southwest Airlines (LUV))
LUV 32.35+2.6%3:52 PM EST

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To: Shan who wrote (171)11/15/1997 12:23:00 PM
From: Shan  Read Replies (1) of 299
 
Southwest Airline-- strong buy

RESEARCH ALERT - Southwest Airlines upped

NEW YORK, Nov 14 (Reuters) - Gruntal & Co LLC said on Friday it raised its rating on shares of
Southwest Airlines Co to strong buy from buy.

-- Analyst Steve Lewins said shares should command a premium because of steady growth, strong
pricing, good cost control and the airline company's increasing haul length.

-- Southwest, which will end the year with 259 planes, expects to increase the fleet to at least 275
planes by the end of next year.

-- Sees Southwest's haul length increasing again in the fourth quarter.

-- Carrier now serves 51 cities and 52 airports but sees number of opportunities for growth within
existing franchise.
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