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Analyst says 20% probability of APA having to take a pay CUT!

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Old 09-29-2007 | 10:38 AM
  #21  
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Originally Posted by XJPILOT1
I sure hope we don't get back to the times of 92-00 because those were bad times. especially with all of those trials...
I hope your're not serious here. I want someone who things the Prez back then was the reason the economy was good, to post your 2 cents. I gotta tell ya, he did nothing to help or hurt the economy back then. Unless government passes crazy legislation (like income tax give backs Bush 2002-present) it's status quo. The Dens are Socialists by definition. They rob from the rich and give to the useless.[/QUOTE]

and the republicans rob from the poor and give to the rich...

I thought the republicans were suppose to be conservative, you know spend less and have a smaller government so we can have less taxes.

so what has bush done in the help vs. hurt us category...
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Old 09-29-2007 | 02:16 PM
  #22  
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Default Economy

Under the circumstances of 9/11, war and recession; the economy has been pretty good.
-inflation is low
-unemployment is low
-the stock market has made gains
-corporations are making money
-interest rates are low
-oil is still priced lower than 25 years ago- corrected for inflation of course

Those generalizations are fact but didn't want to spend a hour getting the stats. Do you really think Hillary and Obama are going to help a free-market/capitalistic economy? Bill gave us NAFTA-real friend of labor.
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Old 09-29-2007 | 02:40 PM
  #23  
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--------------------------------------------------------------------------Just wanted to add a few comments!------

Under the circumstances of 9/11, war and recession; the economy has been pretty good.
-inflation is low (except for health care, housing, energy, and bread)
-unemployment is low (a lot of low wage service jobs for everybody)
-the stock market has made gains (great for the top 1% of the country)
-corporations are making money (CEOs richer, workers poorer, makes since)
-interest rates are low (already in debt, lets borrow more)
-oil is still priced lower than 25 years ago- corrected for inflation of course (Yah, didn't we learn our lesson about foreign oil 25 yrs ago?)
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Old 09-29-2007 | 02:54 PM
  #24  
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Originally Posted by Sparky
--------------------------------------------------------------------------Just wanted to add a few comments! (me too) ------

Under the circumstances of 9/11, war and recession; the economy has been pretty good.
-inflation is low (except for health care [too many rediculuos lawsuits], housing [good if you're selling], energy, and bread [I shop at outlets])
-unemployment is low (a lot of low wage service jobs for everybody [keeps 'em off welfare until they retrain like I did])
-the stock market has made gains (great for the top 1% of the country[actually most pensions and 401k's are investments in the stock market])
-corporations are making money (CEOs richer, workers poorer, makes since[sorry no money no jobs!])
-interest rates are low (already in debt, lets borrow more [free will here, ya make you own bed])
-oil is still priced lower than 25 years ago- corrected for inflation of course (Yah, didn't we learn our lesson about foreign oil 25 yrs ago? [no one wants to use US oil!???])
Economic policies are not the domain of incumbent presidents. Ask Greenspan or Bernanke. When they speak the world stops moving.
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Old 09-29-2007 | 03:43 PM
  #25  
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Would the APA really strike over this ??? Would they rally themselves to their union leaders and say..."Hey APA, tell those hoot-doodles in Fort Worth to shove it ?"

I'm hoping the dummy at JP Morgan is also predicting that Spring comes after Summer..we'll see.
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Old 09-30-2007 | 06:02 AM
  #26  
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Ok, let's just for grins say Mr. Analyst dead-on.

And say the AA pilots take another pay cut. I currently make over 120K yr.
Say a 20% pay cut and basically keep the same work rules. Maybe a little more productivity of 3-5 extra hours a month.

Everybody chime in. Would it still be worth it? To you?
Would you come back form recall?
Would you interview for the job?
If you were a Regional guy would you flow thruogh?
If you were a regional guy/girl would you apply?

It matters more what you think then some Analyst.
Analysts are like weathermen, sometimes wrong.
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Old 09-30-2007 | 07:34 AM
  #27  
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This has become a pretty long thread, considering that it's in response to an analyst's comment. We've all seen them wrong and ill-informed far too frequently. It's a wonder that anyone actually pays them for their opinions.

I'll bet against the analyst this time, too.

Last edited by CVG767A; 09-30-2007 at 05:36 PM. Reason: spelling
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Old 09-30-2007 | 01:28 PM
  #28  
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Originally Posted by CVG767A
This has become a pretty long thread, considering that it's in response to an analyst's comment. We've all seen them to be wrong and ill-informed far too frequently. It's a wonder that anyone actually pays them for their opinions.

I'll bet against the analyst this time, too.

It seems that the general consensus amongst the economists is that we are headed into a recession of some sort. The degree of which they don't know. The problem for those airlines whose contracts are coming up on the amendable date is that they are going to have to negotiate in a declining economic climate and management will take full advantage of any bad economic news. It will be to management's advantage to drag out any negotiations until the economy starts to go south.
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Old 09-30-2007 | 03:33 PM
  #29  
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Default More Speculation

Analysts have to write something, or they don't get paid.


Reuters
AMR shares could rise 50 pct: Barron's
Sunday September 30, 3:54 pm ET


NEW YORK (Reuters) - American Airlines' (NYSE:AMR - News) shares could rise 50 percent or more in the next year according to a Barron's report that cited factors such as a potential unit spin-off and an improving balance sheet.

The October 1 edition cited a call last week from Iceland's FL Group, a 9-percent owner of AMR, for the airline to spin off its frequent-flier business.

It said FL valued the AAdvantage program at $6 billion and estimated that a spin-off could raise value by $4 billion for shareholders of AMR, which has a market value of $6.6 billion.

The report said Wall Street appeared to be betting that AMR would reject FL's suggestion, but cited a $2.1 billion reduction in debt at AMR in the last year to $17.3 billion at the end of the second quarter and said AMR, which closed up 27 cents at $22.29 on Friday, was well below its January peak of $41.

Even if it decides against a spin-off, AMR is "an attractive stock" Barron's said. "Hostage now to fuel and economic concerns, AMR could see its shares rise 50 percent or more in the next year," according to Barron's report.
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Old 09-30-2007 | 05:50 PM
  #30  
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Originally Posted by 7576FO
Ok, let's just for grins say Mr. Analyst dead-on.

And say the AA pilots take another pay cut. I currently make over 120K yr.
.
Hmmm, that's about how much I'll make when I get recalled to American. Cant wait to be back...I just hope it doesnt get to be paycuts vs. furloughes like it was in 2003.
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