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Non-Tech : Trans World Airlines (TWA)

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To: David M. who wrote (967)12/5/1997 4:14:00 PM
From: T-Lo Greens  Read Replies (1) of 1373
 
David,

Thank you for the information on TWA, hopefully we'll see a continuation of the trend on Monday. I was watching the market reversal earlier this morning and kicked myself for not purchasing more TWA. I've been saying all along TWA is taking all the necessary steps for their turnaround, and this was reaffirmed by Alex Brown's upgrade today to a BUY from neutral. Of course this was in addition to Goldman Sach's and Prudential's upgrades on Dec 1.

Re: GLM yes I have done the FA, in addition I'm not sure why they haven't announced the contract they just signed with a consortium composed of Shell, Texaco, Conoco, Mobil, and Amoco. GLM apparently will be doing most of the drilling for this consortium for the next 5 years.

Best regards,
Tony
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