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Old 01-22-2009 | 04:29 AM
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DAL4EVER
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Joined: Mar 2007
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From: 88B - Loud Pipes Save Lives
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My biggest immediate concern is cash on hand going forward. I believe I read that they are down to $2.1 billion in cash. This was down nearly $900 million in one quarter. I doubt they will be allowed to go down to $1.2 billion in cash. At DAL the magic number last time was around $1.5 billion. Failure to maintain cash above that helped trigger the bankruptcy. They need to have a much better quarter this next time or things are/will get much rougher. Good luck to all my friends over there. I'm still in awe that your Board allows the gutting of UAL to continue until Tilton's unbelievably long and plunderous reign.
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