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Intruder One

Well-known member
Joined
Apr 6, 2002
Posts
137
Why all the excitement over JB stock,when it entered the market it was $27.00,this morning it is at 28.59.........big deal.It has been as high as $54,I hope all you suckers dumped at that point I know alot of the major stock holders did..........Neelman or whatever his name is that started it is in it for one reason and one reason only...MONEY!He built up Morris Air and dumped it to SW, this venture is no different.If you people think the mind of a business man is the same as a pilot.......you are sadley mistaken.
 
OK, the all time high (accounting for the stock split) was $36.7667. It's 1 year projection is still below that figure.

The stock split was a 3:2 on 13 Dec.
 
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Neelman or whatever his name is that started it is in it for one reason and one reason only...MONEY!He built up Morris Air and dumped it to SW, this venture is no different.
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You couldn't be more wrong about Neeleman or his motivations. Have you met him? Have you talked with him? Well I have because he makes it a habit of "talking to the troops" on a regular basis.

In fact, I asked him this very question on Day 1 of indoc. He answered then and has stated many times in the press that he now views the sale as a mistake. He was young and the allure of $20M for selling to a company he idolized (all his words) was too much and he took it. He has no intentions (or need) to sell jetBlue. This is his dream and he wants to see it succeed for the long run. Besides, he only owns about 10% of the company stock. It wouldn't be his choice alone. He also designed the company so that it couldn't be taken over by a hostile buyout. I won't tell you how he did it, but it is pretty brilliant--just like him!
 
Intruder One

I hope your a better aviator then stock broker. I've made a pretty big pile of $$ with JB so far.
 
This line of thought (not very much thought) cracks me up. Learn something before you speak of it, unless of course your shoe size is small enough to easily fit in your mouth. :D
 
Out of nowhere comes the mighty intruder to set us all straight. God, I bet George Soros would love to hear your insights iintuder, so he could learn how to make money in the stock market.

Yeah, we're just like Morris Air. Oh, by the way, where is June Morris? Any other nuggets of wisdom to dispense before we move on?
 
Well I hope that JB does well, but I hope Neelman has changed his work ethic from 94. Anyone ever wonder why he only lasted a couple of weeks at SWA after the merger, because he tried to screw the employees and told Herb how to do it. That is when he departed, plus I dont think he could handle the parties(jj)
 
OK, so what was the all-time high of UAL's stock? 100+? Let's see some stock values today-- NWA 6.75, LUV 13.02, AMR 3.26, CAL 6.92, AWA 2.00, USAIR 2.45, DAL 10.40, UAL 1.16, JBLU 28.53. I think regardless of stock value, we need to value the fact that the LCCs of SWA, ATA, Airtran, Frontier, Spirit and Jetblue are set up better to weather the storm of a sluggish economy or war. The new business model is here for aviation, just like the days are gone for the steam locomotives-- life as we know it for the major airlines' old ways of doing business are gone! As for Mr. Neeleman, I think the backing he received financially to start an airline from scratch to what it is today, 3 years later, is proof that there are those out there that believe you CAN make money in the airline industry. Mr. Neeleman is the CEO of Jetblue Airways, he's a great family man and a man with great ideas about bringing humanity back to the airline industry. He's a great leader and motivator. But the success comes from the 4000+ outstanding crewmembers that deliver the jetBlue experience every day-- we'll be celebrating our 3 year anniversary on Feb 8 with parties in four different JB cities. So, yes, Mr. Neeleman can throw pretty good parties-- last year 1500+ crewmembers showed up in NYC for our 2nd anniversary and it was a blast!!!
 
I put JJ behind the party thing (just Joking). As far as the humanity thing, Swa invented it. Relax,I was just stating the truth about his history.
 
Intruder, I've gotta 777 you can fly around for fun!!!!!!

I think when the stock split it was around the $46 range(??)Oh well, I wish my ex would have told me she had the option to buy it at 26 before the initial offering..(I think I remember her saying that employees had the first crack at it at a reduced price) I had 2K I could've dumped into it(and at my age that would have been plenty, especially when it jumped to like 40 something the next week)..

Neelman is from what I've seen a great guy..I met him once (though I really doubt he remembers!!) and have seen him handing out blue chips on flights....he even knows gate agents names and shoots the **CENSORED****CENSORED****CENSORED****CENSORED** with them...any body want to let me know how I can get a job there...haha....I already know, fly about 7000 more hrs...
 
Falcon 1
Thanks. I didn't realize the truth until you and intruder dropped it here. Any other truths?
 
Here's a tip for everybody on the board--if you don't know what you're talking about, then keep your mouth shut!

The reasons Neeleman left SWA are very well published in the press, and have nothing to do with his work ethic. In a recent Boston Globe article, even Herb is quoted as saying that David was meant to lead and motivate people, and that his role at SWA was not a good match for his personality. He was just too much of an idea man and too restless to fit into the corporate meeting culture. He spoke his mind and not everybody appreciated that.

All I can say is I'm glad he's my CEO and I'm proud to be working for him.
 
dgs - glad you set that straight because I was thinking the same thing. One of my favorite things that I read about David's time at SWA was when he set through a meeting where they talked about what to do with pregnant ramp agents for over two hours and he finally blurted out, "Can't we move on?" Guess he just has better things to do.
 
No Koolaid here...

Another sign of good management from the CEO level is the ability to hire top-quality folks to run the day to day operations. One such example is our President, Dave Barger. David Neeleman hired Dave Barger away from Continental (where he ran their Newark operation) to oversee the details of our company. He excels in the job.

Let me tell you the truth...I've seldom met a person that I would call both a manager and a leader. I can honestly say I met maybe five of them the twenty years I was in the Air Force. In the civilian world, I have met just one...Dave Barger. With over 4000 employees, Dave is a well known face to all. An added charm? His ability to remember names of probably half those folks in the company, without IDs...This alone does not make a leader, but it is an often overlooked way to keep our company "small" during this growth phase.

More to the point, Dave Barger is one of the few folks who take time to listen to their employees ("crewmembers" here at JB) and make things happen, answer questions, resolve the issues.

I would put a wager on the success of our tag-team duo of David and Dave. In fact I already have--due to the advice of some on this board (thanks Albie and Bobbysamd), I went with JB instead of another carrier.

Treat the people right, and they'll treat the customer right. Keep the customers coming back, and, in the long run, our stock will take care of itself.
 
Eagleflip

Sam - Congratulations on your upgrade!!
 
falcon1 stated:
...I hope Neelman has changed his work ethic from 94. Anyone ever wonder why he only lasted a couple of weeks at SWA after the merger, because he tried to screw the employees and told Herb how to do it. That is when he departed...

What are you talking about? To what supposed screw job are you alluding?

If you are going to throw around accusations, try to back them up with fact. If you have no facts, then just don't say anything.
 
Stock Split:

I was not aware of the stock split at JB,I usually keep up with most stock info but never saw a thing on it.If that is the case then everyone who bought it should be just fine,my apologies.Does anyone have the info on where I can find some more about this
 
Healthy skepticism is one thing, Intruder, but I've read enough of your posts regarding JBLU to get your drift. Wouldn't it be more proper to question the business practices of the companies whose execs live like royalty while the company is in bankruptcy protection?
 
BTW, Neeleman's salary is only $200,000/yr. We have captains who make more than that!
 
Well if you do it will be your downfall as it has been for the majors,payroll is one of their biggest problems unless of course your not paying anyone else anything
 
Intruder -- I've never seen anybody take both sides of an argument to try to prove a point that simply isn't valid. It is clear that you don't like jetBlue, although I'm not sure why. As you can tell from the number of jetBlue pilots who post on this board, we love this company and its leadership. Your posts have become nothing but flame bait fed by your own ignorance. I think it's time for you to keep your opinions to yourself or find some other place to post.

BTW, we only have a few senior check airman who make that kind of money because they work for it with maximum flying and simulator instructor time. It's pay for productivity and cannot be compared with the pay scales of other major airlines.
 
Intruder -- I didn't look at the Sedona thread until after I made the post above. Now it is clear why you hate jetBlue. They didn't hire you! I think it is probably also clear to everybody who has read your posts why. We want to hire people with positive attitudes, who know something about this company, and who know how to use a computer (just a cheap shot on the computer stuff). Looks like jetBlue made a good hiring decision and you need to accept it. Put the bitterness behind you and move on.
 
They didn't hire anyone else I knew either except the one guy with the thing on his record,I won't say it,and some of those guys were Ck. airman on the thing,but I guess those kids that were in HR the day I was there know best.You people have been drinking the kool-aid to long if you think they are hiring only the cream of the crop.
 

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