Hi John,
you probably deserved a little better than you got, coming
on for the first time. we apologize.
the answer to your question though, is simple:
buy this company now, because you can make money. period.
and even if you don't want to sit on a bunch of shares, there's
still money to be made with the options.
of course it's no United, or American, and will
probably never be, but i'm sure you'll agree the price is
right.
they've recently issued convertable bonds, the FBI investigations
are over, the NTSB hearings are done for now, they've got new
ads, and a new COO. they're moving in the right direction, and
people know it...that's why the stock has moved from 7 1/2
to a high of 12 1/4 over the past two weeks.
so now the next upside resistance is 13 1/4, set in August '96.
we should break that soon. if we do, the next target is 17.
and at this point there's no reason not to be optimistic.
what this means to me is the Jan 2000 7 1/2s i bought three
weeks ago for less than 3, may approach 9.
i'd say those are pretty friendly skies.
wouldn't you agree ? |
