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Mighty_Mezz

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Mighty_Mezz

Re: sortagreen post# 158

Saturday, 10/25/2003 10:15:56 PM

Saturday, October 25, 2003 10:15:56 PM

Post# of 18151
If El Al was offered 25% of the company for $800,000, seems to me that puts a value of about $3.2 mill on the whole thing. Keep in mind they don't own the planes, they lease them, so the buyer is assuming a liability.

I doubt USXP even has the necessary credit rating to take over a lease that large.

I don't bash. I just post the truth and they call it bashing.

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