Forum Archive Index - April 2001

[Jefley Aitken <jefley@xtra.co.nz>]

absolutely first-rate work.  thank you snoopy.
i think there is another signal that might prompt me to buy more airva -- 
if singapore air (or someone) showed interest in buying into ansett.  my 
hands are so cut from trying to grab the falling knife i will probably miss 
the bottom though.

with regards to one of the bottom-feeders going out of business: i heard 
that impulse airlines was offering $40 tickets sydney to hobart.  at that 
price, it seems that the plane would have to be stuffed to the gunwales (or 
the aviation equivalent) before the crew could be paid, never mind starting 
the engines.

snoopy, i don't quite understand the ramifications of airva announcing a 
capital note issue.  why do you see this as a positive sign?  wouldn't it 
mean that they need yet more money -- and they already have cash.  i seem 
to be missing something, and would love an explanation if you have enough 
time.

i'm still grimly holding airva -- at nearly 50% down, i feel i cant afford 
to sell, so i guess i'll be a grumpy holder for 2 years at the very least.
jefley


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