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Non-Tech : Alaska Air (ALK) -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth Kirk who wrote (74)11/2/1998 3:38:00 PM
From: Zhivago  Respond to of 152
 
Anybody know whats up with the $ 2 rise so far today. Thanks



To: Kenneth Kirk who wrote (74)11/5/1998 6:40:00 AM
From: wolfgangl  Read Replies (1) | Respond to of 152
 
Kenneth,

by 9/30/98, revenues were 9% higher at $1.44B. Net income plus 70% to $97.4M.
They are a profitable company, no doubt. But a sell signal is near.
If the market turns down, as I expect, they will go down with it.
It depends on your habits, if you soon short it or wait a bit longer to buy a dip.
If they break $40 level it is a different story.

Wolfgang