% | $
Quotes you view appear here for quick access.

Southwest Airlines Co. Message Board

  • holger_the_dane holger_the_dane Jan 20, 2000 11:08 AM Flag

    gordonfan et al..............

    i have been in and out of this stock for years
    and have considered it a good friend. great product,
    excellent niche. IMHO i would wait to buy at the 14-14.5
    range. this stock will follow the industry to a point,
    regardless of whether they do or don't tack on the
    surcharge. good luck to all.......holger

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Holger i understand why you look up to AMD but i think 14 may be a little high TO THE MOOOOOOOOOOOOOOOOOON holger

    • As I said, I think the odds are now good that we
      will test the 52-week low of 14 3/8. My reason is
      simple, oil at a nine-year high will mean NO profit
      growth for LUV in Y2K. Unfortunately, LUV doesn't hedge
      much to protect itself from rising fuel costs. The
      entire industry is hurting at this point, but LUV more
      than others from fuel costs.

      Having said this,
      I had to buy a block at 15 3/8 just to get back in
      at this low price. I realize that I will have a good
      chance to buy more at 14 3/8, and even possibly lower.
      But hey, LUV is the best, period, in airlines and no
      matter how much altitude it loses, it will climb back
      (and usually quickly). My outside prediction on the
      downside assuming oil continues to rise and LUV gets
      hammered along with the rest of the industry is 12. If it
      goes below that (and I have already bought at
      15/14/13/12 3/8), I'll put 100% of my active account in this
      stock, because I'm a believer!

      Good Luck!!

37.18+0.73(+2.00%)Aug 30 4:01 PMEDT