Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: dockofthebay One star, 50 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 470  
Subject: Re: strong results Date: 1/28/2010 8:58 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Nuke68,

Thanks for the information about competitors. I know little about Allegiant, other than that they don't fly daily on many routes. Of course, too many airlines competing on the same routes is just one of the many constant concerns associated with owning shares of airlines.

AirTran management (I think it was Bob Fornaro) said that the day of double digit growth for airlines is over for now. So, I am not dreaming of earnings for 2010 of more than about .70 or so per share. This excludes any gains or losses from hedging. Still, if they can earn .70 or a bit better and bring down their debt level some more, I think that the stock could be in the 7's. That said, it won't be quick or easy.

I do own shares already and I plan to gut it out for at least another year unless some major change occurs which would change the outlook to a severely negative one.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement