Re: Market disconnect? / LL
posted on
Dec 18, 2008 12:33PM
Yep, that all makes sense. I would throw in that the improved revenue will be a key to pps growth, IMO.
I also believe we need to put the Wencor mess behind us. It seems EDIG is trying, we just don't know to what degree the pear shaped wonder is agreeable. IMO, once this mess ends, the IFE biz should show some signs of growth. The eVU is a great product and the airlines should begin to come up for air if jet fuel continues to be cheap. Hmmm....and the airlines will come out of their financial woes without a frickin' BAILOUT. (Note to Gil: Are you still gettin' rich on those airline stocks?)
However, like you, I would like to see non-IFE deals. If cash has been the problem, we should be in much better shape if the DM deals continue to fill our piggy bank. We'll know the cumlative total mid-Feb. I'm WAGin' we see a much improved bottom line and black ink. Of course, that's prue speculation and we do not know the costs associated with fighting the pear shaped wonder.
John