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Message: RE: Point number 5 - Bankerson

RE: Point number 5 - Bankerson

posted on May 01, 2005 09:53AM
Well, you asked for comments, so here goes:

EVEN IF by some stretch the system suggested in the full text of Point Number 5 had to do with EDIG, they`re just now ordering the planes with IFE installed. So IF they announced that it is indeed the digEsystem, resultant revenues wouldn`t hit for years. This means, according to many it seems, no PPS appreciation as a result of such an announcement. IMO it would be a major feather in our cap and perhaps set a precedent for future opportunities along these lines, and IMO, would be good for a (very) modest and sustained immediate PPS appreciation.

However, I wouldn`t be surprised if a final decision on who`s IFE will ultimately be installed is in limbo, as technology advances are likely between now and when the airframes are completed to the point of IFE installation. The digEsystem is most likely a candidate amongst current/near future offerings of IFE. I suspect that their description of what IFE they`re are contemplating is more conceptual than actual. Besides all that, the reality is that we`re talking about an order for 15 planes configured with ``two cabins seating 66 passengers`` (which could be interpretted as 66 in each or 66 total). That`s a whopping ~1,000 digEsys or ~2,000 digEsys depending on interpretation. This IMO, on the face of it, is not worthy of getting all too excited about.

But I KNOW nuttin`!

SGE - ALL IN

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