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Non-Tech : Southwest Airlines (LUV))
LUV 32.46+3.0%Nov 7 9:30 AM EST

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To: Michael Peterson who wrote (41)12/8/1996 8:47:00 PM
From: Sam Citron   of 299
 
Michael, no I'm not an airline guy. I'd hate to try to compete against Herb. I like investments because there are no fixed costs and the opportunity set is unlimited. What niches do you see out there? I see same day air freight as a nice niche. Do you know anything about gate costs? I'm trying to understand how an airline like US Air gets a near monopoly on a market like Pittsburgh and how it gets to keep out potential entrants like LUV.
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