American Airlines (AAL)

[slacker01]

Ralph, I would love to agree with you here on the Douggy doing the right thing but I can't. In the last year the debt has risen over 2 bil. Cash on hand is down 3 bil. We spent 2 bil on buy backs. That sounds an awful lot like financing buyback. That its the dumbest thing in the world to do. We really need to start on debt and stop the buy back nonsense. That did not add one penny of value to the company.