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Non-Tech : Atlas Air

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To: Eric Berry who wrote (122)2/12/1998 1:19:00 AM
From: DRL   of 182
 
Even with all the enthusiasm in the news release, I think the term "cautiously optimistic" still fits my thoughts. I've been flying with them since day one, (those shares look pretty good now), but also added many more in the upper 20's (those look much better now).

Don't get me wrong, I still like the stock and think they have a bright future, but I still can see the image in my head when Chowdry was on CNBC a while back (quite a while, could be a year or more) and he was so positive it was almost annoying. Every question he was asked, he had a super positive, nothing can go wrong attitude.

Anyway, that kind of spooked me a bit. So I take all positive comments with a small grain of salt.

I think we should get get some upgrades from analysts. I also hope/think, Smith Barney should pick up coverage again. (they seem to have dropped coverage in November 97)Had a 1S (buy speculative) before the rating seemed to disappear. Coverage was very positive when stock was up there.

Have you seen Atlas in TheStreet.com? I think the last mentions was 1) someone could buy them out and 2) they are in trouble - (oops!) I'll take another look and see if there are any new mentions.

So long for now

-DRL
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