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Message: RE: All the conjecture nothwithstanding...Gil

RE: All the conjecture nothwithstanding...G...

posted on Jul 15, 2005 12:43PM

Since we KNOW your numbers are correct, either PTSC is worth about $0.03 more or, EDIG is worth about $0.03 less, based on PTSC having seen a glimmer of black ink and EDIG has not even mentioned ``revenue neutral`` in many moons.

So, EDIG is a very rough cut and needs a ton of polish to make it shiny to investors. It can happen with minimal, yet verifiable, news. EDIG could also head South to $0.09 or so. We will KNOW in about three weeks.

I think Outback dialed it in early on -- it will be a long and hot road to the ASM.

Bottom line: It`s just too darn late (hot, too, in SoCal) to worry about it now. Right or wrong, the BOD proposals will all pass with HUGE majorities.

John

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