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Strategies & Market Trends : Three Amigos Stock Thread

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To: Tony van Werkhooven who wrote (4711)	5/12/1998 6:58:00 PM
From: Cary C	Read Replies (2) of 29382

>> Following your train of thought that market value of choppers is more than book,<< Actually Tony I think I was repeating what the company said. I think that the helicopters ended being valued at a higher price than what the company had them booked at. I believe they do this because of their conservative nature. If for instance the roles were reversed. If they hadn't depreciated as much and one of the helicopters had an accident, it is possible that they would have to book a loss. This would negatively impact the earnings causing greater harm to the shareholders wouldn't it? Then again, maybe the stock would appreciate more because of truer income growth. Ok now I 'm getting a headache. LOL Either way the company is fundamentally sound long term and I believe us shareholders will be rewarded in the not to distant future because of the things they have in the works Cary

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