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Non-Tech : VJET - FAA Approval
VJET 0.6400.0%Apr 1 5:00 PM EST
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To: Lee Solomon who wrote (146)10/29/1996 11:17:00 PM
From: Charles D Dodai   of 164
 
Lee,

Wait until the airline fully operates with a full fare.
Yes, it may sound strange the stock was worth more when
the airline was grounded. But come to think of it the
airline wouldn't make any profit or even lose more money
when it starts flighting again with a low introductory fare.
Remember, VJET is still in a restoration phase and
trying to get customer back.

For comparison, look at PAA, stock started out at 16 and more
a month ago (when the airline starts flying again). Now it's
around 9.

Good luck,
Charlie
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