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Why USAir may have melted down over Christmas

  • Thread starter Thread starter FDJ2
  • Start date Start date
  • Watchers Watchers 7

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Skirt,

I'm glad JetBlue is a great company to work for, but be careful with working class kool aid they are feeding you.

Shares owned are as of April 2004 in the Schedule 14A



David Neelman CEO $335K/year Salary+bonus+other compensation
He owns 7,304,968 shares outright. He is about the only insider who has not been cashing out in 2004.

Dave Barger COO $335K/year Salary+bonus+other compensation
He had owned 1,111,138 shares but has been selliing them all year long. October alone he sold almost 36,000 shares at about $22.00/share. $729,000 is not a bad bonus just for October 2004.

Insider selling is so common this year it's hard to find the regular SEC filings.

Even though the top management chips in, they are very well compensated.

Have fun,

It's gonna be a rough year.
 

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