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Vail Resorts Inc. Message Board

  • etrade2000 etrade2000 Mar 10, 2009 2:40 AM Flag

    bankruptcy in 2009 or 2010

    I think the company will go BK in 2009 or early
    2010.

    The company is bleeding cash. And they have a
    lot of debt. They could not turn a profit for
    the past two quarters. They will need to go back
    to the capital markets for more money. Problem
    is, nobody wants to lend money to a ski resort.

    Come on, people are staying home and watching
    TV instead. Forget about that expensive ski
    vacation.

    etrade2000

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    • My guess would be late summer 2010, they will need serious help!! Katz is not a very good ceo, he bought the stock and colorado mountain express at the top, he is unable to see ahead, he is a ceo lacking vision and action. When your overpaid and sheltered like he is you can't see things for what they are, where there is no vision the people perish!

 
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