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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (25835)3/30/2000 10:39:00 AM
From: j g cordes  Read Replies (1) | Respond to of 69098
 
Harry.. Continental, for example, has " $ 1.4 billion in cash on hand. The company has $ 8 billion in assets and only $ 3 billion in debt.' WSJ.. "Half of new aircraft purchases are paid in cash."

March 10th.. the Chairman of Continental said "Ifthe market says this is all we're worth, then we ought to just buy the company." Similar feelings at other airlines.

Cash flow? or Cash cow.