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Non-Tech : Great Lakes Aviation (GLUX) -- Ignore unavailable to you. Want to Upgrade?

To: Mark FL who wrote (1)	1/15/1998 1:26:00 AM
From: Ken Wesley	Respond to of 12

Hi Mark Good to hear from You. I picked some up at 1 1/8 and saw it go down to about 7/8 but it now seems to have turned itself around. In early 1994 it was over 10 but has gradually declined since then. They made many changes in 1997 and look to be on their way back to profitability. What do you know about this company? Ken W

To: Mark FL who wrote (1)	1/15/1998 1:21:00 PM
From: Ken Wesley	Read Replies (1) \| Respond to of 12

I think you might be interested in checking out the following site for additional discussion on GLUX: messages.yahoo.com I know a few people who started to work for GLUX. That was when I became interested in the stock. A few years ago GLUX bought several Brasillia planes to add to their fleet of 1900's. The Brasillia is a much bigger plane and will hold many more passengers than the 1900. Then, last spring, GLUX grounded many of their planes to upgrade them. It was during this time that GLUX dropped some of their less profitable routes, and dropped their Pheonix connection. They also moved their office headquarters back to Spencer, Iowa from Minneapolis. While all this has lowered their number of passenger miles flown, it should drastically cut their expenses. This should lead to a better balance sheet and greater profitablity in the future. IMHO Ken W