Comments on: Mesa gets creative with yet another perk… http://www.footnoted.com/perk-city/mesa-gets-creative-with-yet-another-perk/ Morningstar's guide to what's hiding in SEC filings Fri, 10 Feb 2012 20:24:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Tejaswi http://www.footnoted.com/perk-city/mesa-gets-creative-with-yet-another-perk/comment-page-1/#comment-4724 Tejaswi Wed, 12 Mar 2008 11:59:17 +0000 http://www.footnoted.com/perk-city/mesa-gets-creative-with-yet-another-perk/#comment-4724 I agree with your point completely. Companies must disclose where and how their money is being used , this will not only build confidence in existing investors but also <a href="http://www.gnutrade.com/very_easy_financial_training_for_new_traders_to_learn_about_trading_markets" title="gnuTrade training" rel="nofollow"><strong> a prospective invesotor </strong></a> . Liked your blog, good work. I agree with your point completely. Companies must disclose where and how their money is being used , this will not only build confidence in existing investors but also a prospective invesotor . Liked your blog, good work.

]]> By: bruce strand http://www.footnoted.com/perk-city/mesa-gets-creative-with-yet-another-perk/comment-page-1/#comment-4721 bruce strand Wed, 12 Mar 2008 03:11:36 +0000 http://www.footnoted.com/perk-city/mesa-gets-creative-with-yet-another-perk/#comment-4721 With 40 years in the aviation industry I'm comfortable I know a little bit about what is going on. MESA is essentially a "broken" airline that trys to run on a culture of fear and rewards for loyalty to "the Ornstein cult". This is the "cult" that allowed if not encouraged "fact finding" in the Hawaiian market that the courts ultimately determined to be illegal. This is the cult that took the creation of an aviation pioneer (MESA founder, Larry Risley) and ran it into the ground. This is the cult that has returned virtually nothing to long term investors. I made the mistake of buying a position in MESA a couple of years back at a few bucks a share; decided to sell at about $9 - 10 when the China and Hawaiian venture was piled on to deteriorating financial results; glad I did. If I were a long term holder, I would be sitting on the same $3 per share. Perhaps the $3000 monthly descretionary allowance pays for Ornstein's favorite chinese food on his junkets to the Orient...or something else not revealable outside "the cult"! With 40 years in the aviation industry I’m comfortable I know a little bit about what is going on.

MESA is essentially a “broken” airline that trys to run on a culture of fear and rewards for loyalty to “the Ornstein cult”.

This is the “cult” that allowed if not encouraged “fact finding” in the Hawaiian market that the courts ultimately determined to be illegal. This is the cult that took the creation of an aviation pioneer (MESA founder, Larry Risley) and ran it into the ground. This is the cult that has returned virtually nothing to long term investors.

I made the mistake of buying a position in MESA a couple of years back at a few bucks a share; decided to sell at about $9 – 10 when the China and Hawaiian venture was piled on to deteriorating financial results; glad I did. If I were a long term holder, I would be sitting on the same $3 per share.

Perhaps the $3000 monthly descretionary allowance pays for Ornstein’s favorite chinese food on his junkets to the Orient…or something else not revealable outside “the cult”!

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