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Old 10-22-2007, 09:13 PM   #17 (permalink)
merit
 
Join Date: Oct 2007
Posts: 476
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Quote:
Originally Posted by Stephan Dupourque View Post
If Ream did not feel a deal was going to get done with CAL, I would think he wouldn't be too high about buying stock back.
I cant agree with that. The buy back in my eyes was a necessary evil. The company had to purchase the stock back as the stock has fallen more than 60% this year. It was a risky move to invest the cash that I believe, we'll need.

Quote:
Our CAL CPA is the biggest worry to investors, not branded flying.
Likewise, this should be every pilot, employee, stockholder, or manager's biggest concern at this point. Without CAL feeding the airline a constant diet of guaranteed cash, I find it very difficult to fathom XJT would continue to exist.
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