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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?


To: pcyhuang who wrote (1449)10/4/2007 2:08:45 AM
From: Robohogs  Respond to of 5891
 
I am most favorabley predisposed towards AMR given its strong asset base, offset somewhat by its higher cost and lack of Asian focus as well as labor issues starting up afresh. CAL is second, with main issues being high costs and higher valuation but the plus being its internally driven growth and strong premium pricing.

Option premia are more favorable for CAL, probably because it is viewed as being somewhat over-valued vs. the rest. I would point out that its valuation premium is not new.

Jon