SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Southwest Airlines (LUV)) -- Ignore unavailable to you. Want to Upgrade?


To: Sleepless who wrote (268)1/21/2001 2:09:02 PM
From: Sweet Ol  Read Replies (1) | Respond to of 299
 
I have been long LUV for 20 some odd years. I am concerned in the short term about when the fuel hedges expire and then they will be paying the same as everybody else. This is not a long term advantage. Their business plan, their people and their performance is their long term advantage.

The big boys probably know about those hedges. Don't be surprised if profits shrink a bit in coming quarters. It is not a major problem because they can always raise prices and still be under the competition.

Best to all,

John



To: Sleepless who wrote (268)1/23/2001 1:43:33 PM
From: Raptech  Respond to of 299
 
You are correct that we may not see 25 anytime soon, but should an opportunity occur I would definetly buy. The 52 week low is 15 so it could happen.

I am out now, as after two splits and adding to my position at lows I had a 6.25 basis, and couldn't resist taking the profit. I wait and watch.

As for the presumed oil price advantage the markets have reacted to the industry group in mass and generally haven't perceived much of an advantage to LUV. I have great respect for LUV management (hope Kellner hangs in there for awhile) and do feel they will react appropriately to swings in fuel price.

Rap