RE:RE:RE:RE:The lower it goesI don't think it's going to zero.
I have been involved in many R/S that
have actually worked out over a longer term
period. I'm hoping it sees 30 sometime this year
but don't see the lofty expectations have some here.
Maybe in time they make a total turnaround as far as
shareholder returns but right now the only ones making
money are executives. Maybe the maintenance end could
be the difference as the margins are just to low on the production
end with interest expenses on the debt on top of that. Folks also
have to realize that not all FCF can go on debt as some point
they will have to renew the fleet of aircrafts they sell.
The bomber haas had some swift runs to the upside in
the past and expect you will get another but that will probably
be the time to sell.