Alex Bossert

Why I Sold Freightcar America

I made in error in the post above. I sold my shares for $25.51 not $36.51.

What Liquidation Will Look Like for Footstar, Kmart

On January 27th, Footstar paid a $1 dividend as part of their liquidation.

www.sec.gov/Archives/e...

On April 20th a $2 dividend was paid: www.sec.gov/Archives/e...

On Septmeber 10th a $.4 dividend will be paid: finance.yahoo.com/news...

The Long Case For Nicholas Financial

The company is growing its loan portfolio and making much better loans because most of their competitors are distressed. The loans the company is making are getting more profitable as their competition has diminished during the credit crisis. The average discount of new loans purchased has risen to 9.29% from 8.87% a year ago. At the same time the new loans are becoming more profitable they are also being made with more stringent credit standards:



"The primary changes include; raising the minimum income required by the debtor to qualify for loan approval, reducing the maximum dollar amount that can be advanced for certain loan applications, and the maximum dollar amount that can be approved by a branch manager on certain approvals."

1st quarter 10Q

On 2007 Sep 25 09:04 AM Alan Brochstein wrote:

> Why is AR growth so high despite slowing revenues? With so much of
> the equity of the company tied up in AR, this is very alarming. AR
> grew 12% over the past year on 7% top-line growth. In FY2007, Revenues
> grew $4mm, but AR increased $24mm. It seems like they are growing
> their portfolio despite the weaker recent credit experience.

Delta Ends Contract with Pinnacle: What's the Impact on Regional Carriers?

It seems as though some readers took issue with my comments about the regional airline industry particularly about the lower operating costs enjoyed by the regional airlines compared to the major carriers. The issue has very little to do with the point of my article and regional carriers do have lower operating costs then the major airlines. The regionals were an effective structure for the major airlines because the regional’s labor expenses are less and they’re shielded from the high pension expenses of the major carriers. Pilots and flight attendants on regional carriers typically make less money than workers with the same seniority at mainline carriers. You can check out airlines pay rates here: www.aviationinterviews...

The comments above meant to trash my article are very off base. The issue has almost nothing to do with the purpose of my article. By the way Pinnacle was able to work out its contract issues with Delta and Pinnacle will continue to fly for Delta.