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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 (112)1/15/1997 6:36:00 PM
From: Roger Zucchet   of 299
 
Sam,

Interesting conversation you had with investor relations. I'd be interested in knowing more if they get back to you again. I don't doubt that the "smart guy" buying jet fuel for LUV is probably smart....but if he were such a great predictor of future energy prices, you'd think he would just own a seat on the CBOT or COMEX and trade for his own account. Hedging only 30% of their total fuel costs seems half-cocked.

On a related note: I followed my own advice on a message I posted here a few months ago, and got in at about $22.50 or something. Anyone think this one is going below $20?

-Roger
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