airplay

I wonder how many shares are in the employee stock purchase plan. After 9/11 CAL dropped into the $4-$5 range and the program was canceled because they ran out of shares to issue. It looks like XJT hit a low of $2.65. That price minus 15% means employees will get it at $2.25~ If you were able to sell those shares for todays closing price, you'd be up 55%

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Mike

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NightIP

D@mn right we should. Considering a huge portion of our losses had to do with soaring oil prices I'm just as excited about the drop in oil as I am in XJT's rise (of course, both are hand-in-hand). If we see a significant enough drop in oil prices, I bet it'd be possible for us to either break even or even show a profit with a stagnant load factor/yield within the next couple quarters.