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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (7730)	2/3/1999 11:40:00 AM
From: Bootz	Respond to of 43080

LUV looks good here Susan, Front page article about them bringing discount fares to the NYC area in today's NY Times. Historically, they return to their pre-split price (in the mid-30s) in a year to 18 mos, which is where they seem to be headed. Since I've been a shareholder I've been in a 2 for 1 and a 3 for 2 split. I've got an absolute long position, to which I tend to add when they drop below $20. I've also done a few trades on them over the years, buying under $20 (at $18 or $19) and selling above (at $21 or $22). Not a flashy stock, not an Internet stock, just a damned dependable one, year after year after year. Put simply, their management works, and so does their business model, from which they do not deviate. Bootz