AMR stock riding high

[FA Mikey]

Its noon EST and AMR jumped to 8.27 a share.

 

[texflyer]

STOCKHOLDERS REJOICE!!!!

 

[Buck]

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On 6/4/2003 12:31:15 PM texflyer wrote:

STOCKHOLDERS REJOICE!!!!

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Yes, as soon as I understand what my negotiated stock options are. I understan how they are vested and when I can or have to exercise them, but I have no idea at what price was negotiated for me.
TWU represented A&P Mechanic.

 

[FA Mikey]

The strike price was 5 dollars. If its the same deal as us you get 1/3 of the shares alloted to you each year starting April 17 next year. All options must be exercised by 2013.

 

[WingNaPrayer]

Stockholders will "rejoice" when the price hits 22 bucks a share, and not until.

 

[Buck]

Thanks for the information. I just wonder why the union that represents me did not inform it''s membership?

 

[Hopeful]

Another option, if you wish to do so, is to pay the $5.oo per share, 432 for mechanics. The stock is yours to sell right away if you choose.

 

[FA Mikey]

432 shares... Not bad. The flight attendants each get 200 shares.

 

[Hopeful]

The formula is based on concessions and number of employees in each workgroup. More F/A''s than mechanics.

 

[FA Mikey]

1 day later and 61 cent higher. The stock is up to 9.21, not bad.

 

[FWAAA]

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On 6/5/2003 3:46:48 PM FA Mikey wrote:

1 day later and 61 cent higher. The stock is up to 9.21, not bad.

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Considering that it was at $1.25 in mid-March, I''d say that $9.21 is fantastic.

I''m thinking of booking some summer flights in P to celebrate.

 

[Bob Owens]

Lets see, it just needs to go to at least $235 per share for us to make up what we are giving up!

Dont hold your breath.

FWAAA is so excited he's going to P!

 

[Bob Owens]

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On 6/5/2003 6:33:49 PM FWAAA wrote:

Too bad you didn''t buy AMR stock when it was cheap -

How do you know I didnt?

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[FA Mikey]

From someone in the one union who did vote No. The company was willing to do what ever they had to make it a Yes vote. So really a no vote would not have mattered.

 

[Wild Onion]

I sure wish we''d all voted ''NO''. Then, the stock would be worthless now.

We sure screwed that up.