JetBlue IPO Valuation?

Question

At what price would you recommend that JetBlue offer their shares? Based on Aprill 2002 IPO, with calculations?

Answer 1

Jet Blue's IPO was priced 04-12-2002 at $27.00

http://money.cnn.com/magazines/fortune/f...

The stock last traded at $3.14 on 07-11-2008.

http://finance.yahoo.com/q?s=JBLU&d=t

The stock is down 88% since it's 2002 IPO date.

I would be avoiding airlines stocks as long as oil prices stay over $100 bbl. I expect to see multiple airline bankruptcies over the next year.

I like this Airline better

http://www.imdb.com/title/tt0080339/quot...