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Old 11-21-2007 | 03:13 PM
  #2  
freezingflyboy
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20 Years
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Joined: Dec 2005
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From: 7ER B...whatever that means.
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Sounds like you've already decided the sky is falling over here at Express. Maybe you should just do yourself a favor and go to RAH and save yourself the anxiety. When I talk to friends around the industry, it amazes me how much better we are treated by the company and how much better our contract is vs. some others out there (RAH included). You guys put way too much emphasis on what the stock price is. You need to look at the underlying financial figures to determine how healthy a company is. Just looking at the stock price is like trying to determine someone's health my just taking their pulse.

Your post shows a significant amount of ignorance. I appreciate you seeking information but you should attempt to do so without prejudice and loaded questions. You ask if the "old ExpressJet" can still be salvaged. What makes you think it needs salvaging? You ask "worst case scenario, would they still be around?" If oil went to $150/barrel, terrorists blow up 15 airplanes simultaneously over the Pacific and a flu pandemic struck the human population then yes, XJT would have tough time, just like everyone else. If XJT did go down I am willing to bet there would be more than few carriers right there with us. The stock price is not "insane". In fact I can promise you that the stock price has never lost its mind nor could it due to the distinct lack of a mind. The stock price is a reflection of what analysts and institutional investors think of the value of a company. If you think you buying a couple thousand shares really has any influence then you are truly delusional. It was not that long ago that Continental Express (the forerunner of ExpressJet) was a PFT outfit with pay near the bottom for the aircraft type (our union was famous for running an ad stating that our pilots qualify for food stamps). You know Johnny O of Mesa fame, right? Also did a stint here at Continental Express. So I'm not sure what contract or management history you are referring to. I can only assume its the very recent past.

So if you do decide to come here, great. But do it with your eyes open. This is a great place to work with one of the best managements in the industry. But are upgrades still running at 2 years? No, we're not growing anymore. Is the company going through a monumental amount of change in the way we do business? Yes. Are there gonna be a few bumps and hiccups along the way? Absolutely. Are there unknowns and risks involved? You bet. Is there another company out there that could do what were doing as well as were doing it? Not a chance. Don't be one of the guys that gets here and then walks around spouting doom and gloom about how were all gonna be on the street this time next year. No one wants to hear it.

Last edited by freezingflyboy; 11-21-2007 at 04:05 PM.
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