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Technology Stocks : Preview Travel (PTVL) ---- Via...Excite & AOL
PTVL 1.3900.0%Jan 21 4:00 PM EST

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To: T-Lo Greens who wrote (333)12/11/1998 10:33:00 AM
From: Bobo  Read Replies (1) of 728
 
I thought airlines bookings were solid this Q. It sure does not look that way to me.

Airline Stocks: following notes from DLJ -- AMR Corp. (AMR 58 5/8 -3 7/8) warns that air carrier will not meet Q4 earnings expectations of $1.35 and that Q4 will be closer to the low end of the estimate
range which is $1.10; blames promotional activity and a mix shift away from full fare coach and first class tickets to lower fare tickets; believes similar announcements could be made by Delta Air Lines (DAL 46 5/8 -3 3/8), Continental Airlines (CAI.A 33 7/16 -1/4), Northwest Airlines (NWAC 22 3/4 -3/4) and US Airways (U 49 5/8 -2 1/4).....
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