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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: the_wheel who wrote (18724)12/6/2002 4:04:08 PM
From: Softechie  Respond to of 30712
 
I would recommend to look first at debt to equity ratio. Equity is cheap now and they can't get rid of hard assets fast enough with good price. So they in a cash crunch and that's where everything is crumbling down.

Credit crunch is for real even with low Fed rates.
Debt is for real and they must pay or restructure.
UAL has over $1B in debts payment due next week.
The only way is to restructure or get bail out package.
UAL can't get around the BK issue.
They can continue operate but shareholders are at 0.