Originally Posted by
7576United
Exactly what color is the sky in your world? You obviously didn't listen to the second quarter conference call. The analysts were tripping over themselves to get information on the mileage plus spinoff that Bear Sterns estimated at between seven and twenty two billion. Oh, and did you see the part in the 10Q where Tilton has hired Goldman Sachs to help in the merger process? Is that a reputable enough company for you?
Seriously, I'd hold on if I were you, Tilton is hell bent on consolidating the industry the way the oil industry was in the '90's, and it's going to get ugly for us peons.
7576,
Color me any color you want, but we should again go back to the discussion about the devaluation of this "cash" cow during the bankruptcy process. If in fact the employees and retirees were forced to settle for what you currently have instead of valuating the frequent flyer program fairly then I would say you have an argument for reconsideration.
Personally I would rather take the financial raw data and make evaluations based on fundamentals. A conference call is like an infomercial and if you wish to believe what is being put forward as the gospel then have at it.
If as peons we accept anything that management throws at us then we are truly just that - PEONS!
