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Strategies & Market Trends : Bankruptcy Predictor Model
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To: Paul Berliner who wrote (127)3/22/1999 10:18:00 AM
From: Bosco   of 477
 
G'day all - yikes, Paul, sorry, forgot to respond to you. No, I didn't miss your point. And I believe someone else [related to Warburg Dillon Read?] seems to have faith in TWA also. It will have its job cut out, considering it is trying to replace its aging fleet this year. However, if the fuel cost bump is temporary - with OPEC trying to talk its way out - airlines may still be a viable idea. And I certainly like the Positive Cash Flow idea [does it factor in the capital spending outlay?]

best, Bosco
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