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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: Sam Citron who wrote (53)12/11/1996 5:51:00 PM
From: Bryan Arnold   of 299
 
Sam,

We closed at 22 5/8 today and traded around that number for about the
whole day. I agree with you that Southwest will at least keep pace
with the bigger airlines and should outperform them over the long-term.
The reasoning for it dropping back down to 21 is that it may get caught
in one of those downdrafts that seem to be happening to the market
quite frequently in Dec. So it could test that 52 week low but we shall
have to see.

Bryan
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