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Non-Tech : American Airlines (AMR)
AMR 181.72+4.6%3:59 PM EST

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To: Billy Bob who wrote (3)8/9/1998 5:21:00 AM
From: swedelo  Read Replies (1) of 152
 
Cossack,

Well i'm in at 66.I Don't think it will be too much longer before the wall street wizards (analysts) figure out that air travel is no longer a cyclical after 20 straight quarters of across the board profit and margin gains. Also, becoming much clearer that oil prices will stay low for some time. This, combined with the massive decrease in seat vacancies/flight (down from approx 35% to 15%), means airlines will be raking in record profits for some time to come. Talk about an undervalued sector in an overvalued market. This is it.
Swedelo
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