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Non-Tech : Delta Air Lines, Inc. (NYSE: DAL)
DAL 57.38+0.5%Oct 31 9:30 AM EDT

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To: Labrador who wrote (34)10/27/1998 10:05:00 AM
From: Larry Voyles  Read Replies (1) of 82
 
The ex date for the split is 11/2, with new shares showing up at your broker on or about 11/16.

The entire Dow Jones Transportation Average (http://quote.yahoo.com/q?s=^DJT&d=t) is drooping. Worries about the current global slowdown and a likely slowdown in the U.S. economy (dare I say the 'R' word?) and the potential for gas prices to rise are giving the major airlines' stocks price jitters.

Business travel plans are already being scaled back, and if companies start laying off, people won't have money for leisure travel. The DJTA is a leading indicator, so where goes the DJTA, so follows the rest of the DOW (usually).

If you're in the airlines for the long haul, look at this as a blue-light special. Buy 'em while they're cheap.
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