Goldman Sachs - March 4th

[mwereplanes]

Goldman Sachs released a report on US Airways on March 4
which has been posted in the PHL crew room by Dan Van
Bargin. It includes the following:

>>>We suspect that proposed asset sales were primarily a
threat to get labor back to the table, WHICH SEEMS TO BE
WORKING AS PILOTS HAVE RECENTLY RESUMED TALKS.
Other than greater leverage with labor, WE SEE LITTLE
BENEFIT TO A SECOND BANKRUPTCY.<<<

And this:

>>>Still, WE DO NOT FORESEE AN IMMINENT BANKRUPTCY.
As a percentage of revenues, US Airways has less debt and
greater cash as compared to other legacy carriers. Cash burn
rates are diminishing, and as long as industry revenue trends
remain favorable, we believe that the company can survive until
the next recession.<<<

Also this:

>>>We think that the market is too pessimistic regarding a US
Airways bankruptcy filing. .......US Airways has more staying
power than most observers realize.<<<

mr

 

[shaka]

Don't forget Goldman has money in this dog stock at almost $7.00 a share!!!!

 

[insp89]

Don't forget Goldman has money in this dog stock at almost $7.00 a share!!!!

SO ????, What's your point?

 

[flyin2low]

Don't forget Goldman has money in this dog stock at almost $7.00 a share!!!!

SO ????, What's your point?

Investor confidence

 

[insp89]

Investor confidence

Labor Confidence=Investor Confidence

 

[shaka]

Simply put, Goldman has an interest in US Air succeeding.

Do you remember a guy named Henry Blodget that worked for Merrill Lynch, same concept.

 

[insp89]

Simply put, Goldman has an interest in US Air succeeding.

Do you remember a guy named Henry Blodget that worked for Merrill Lynch, same concept.

Imagine that, a BIASED article on this website..