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Old 01-17-2007, 03:28 PM   #5  
jsled
Gets Weekends Off
 
Joined APC: Apr 2006
Position: 737 CA
Posts: 2,750
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Quote:
Originally Posted by Geronimo4497 View Post
AMR has a massive amount of debt on hand; not so good.
Yeap, that is true. But after reading their financials today, I was impressed. At the end of 2005 they had 20.1 billion in debt, now they have 18.3 billion. Also, they ended 2005 with 3.8 billion in cash, now they have 4.7 billion. That is a 2.7 billion swing in the right direction. Now wonder why there stock has skyrocketed.
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