Originally Posted by
The Chow
Yes I read that article. And I know that Big "D" states that this was becuase of one time items.....the same thing was said last quarter. Did you read the part that states Delta has lost 7 billion fiscal year to date?
If you do some history you will find that nearly the entire 7 billion was in related to right downs in good will on the stock and other accounting items. Very little was due to actual losses. If you read further, you will see our cash liquidity actually went up. All things considered this was a huge feat to accomplish. Wall St. is impressed too as the stock is up nearly 10%. If they were worried like you were, the stock would be getting hammered right now.