Want proof that Wall Street loves potential over persistence?
AMR Corp. has seen its stock price take off steeper than an F-16, even though it's lost $7.5 billion since 2001.
Based on Tuesday's close, shares in the Fort Worth-based parent of American Airlines Inc. are up 102 percent since the beginning of last year.
Shares are up 235 percent since the start of 2003.
Meanwhile, Southwest Airlines Co., with a 32-year profit streak and surging prospects, has seen its shares putter along like a jet that's 12th in line for departure.
Since last year, the Dallas-based discounter has seen its shares rise a modest 6 percent.
The stock has been stuck mostly in the teens since before the terrorist attacks of Sept. 11, 2001. Southwest has posted profits as other carriers have gone into bankruptcy, and investors have mostly yawned.
"It's all about managing expectations," said Stuart Klaskin of KKC Aviation Consultants in South Florida.
WFAA.com
AMR Corp. has seen its stock price take off steeper than an F-16, even though it's lost $7.5 billion since 2001.
Based on Tuesday's close, shares in the Fort Worth-based parent of American Airlines Inc. are up 102 percent since the beginning of last year.
Shares are up 235 percent since the start of 2003.
Meanwhile, Southwest Airlines Co., with a 32-year profit streak and surging prospects, has seen its shares putter along like a jet that's 12th in line for departure.
Since last year, the Dallas-based discounter has seen its shares rise a modest 6 percent.
The stock has been stuck mostly in the teens since before the terrorist attacks of Sept. 11, 2001. Southwest has posted profits as other carriers have gone into bankruptcy, and investors have mostly yawned.
"It's all about managing expectations," said Stuart Klaskin of KKC Aviation Consultants in South Florida.
WFAA.com
