Yes, Earlie, either you are addicted to aviation, or just plain don't like it. There does not seem to be too much middle ground. I recently purchased a Cessna 182 RG and I am real happy I did! I don't have near the hours you do, as I did not fly for about 10 years (1981-1991), as the corporate ladder, and then business ownership taxed my time and served as a poor excuse.
But now, I too fly for pleasure and business, and enjoy the satisfaction and utility of a personal aircraft.
In fact, Darrel Lowrance owns a Cessna 182 RG albeit the fire breathing version. (Turbo) I have flown into Tulsa, (LEIX's HQ) on some mighty hot days, with no wind, and boy the density altitude seems Everest. I think that is how I got that bald spot on the left main.-g-
I am still waiting for MB's opinion on LEIX. Maybe you can politely remind him as well. There are not too many 100 million dollar revenue companies valued at only 13 million, and fewer still, IMO, which will stay valued that low for long.
Although the auto market is sexy, the practical applications are limited. But I do agree with you, that this will be the next great market frontier, along with improved marine, aviation,mapping, and sporting products. I also see the strong getting stronger, (like CPQ, remember..-g-), and LEIX and TRMB seem best positioned to exploit this market, with LEIX being the best value IMO. The Magellan products are awful, and I think ORB is not too pleased. LEIX wants to drive the stock to 25-30, issue a secondary offering, and wipe out the debt, lower interest expense, and wham, we have a growing midcap.
Good Flying, and Trading, LF |
