Mark Hulbert takes a look at airlines. Airlines, with oil at $100?. I mentioned SW Air LUV in class last week. Whatever day, the news was breaking over inspection failures and cracks in the planes which were grounded. Bingo, the stock dropped to the mid 11s, I suggested it was a buy. The class thougt it would fall further. As their Chairman testitifed before Congress this week amid nothing but bad publicity the stock climbed to $12.71. Lesson, buy good stocks on bad news.
Professor Elam
Accounting & Investing Info for San Antonio A & M
Professor Elam 
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