PPRuNe Forums - View Single Post - easyJet shares plunge...again
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Old 7th Jun 2004, 12:23
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lamina
 
Join Date: Aug 2003
Location: UK
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PE ratio still in the clouds, so it is possible to drop even further in the medium term (I doubt it in the short term though). I suspect that Websters coments regarding over capacity in the sector have woken investors up to the fact that ezj and rya are the two biggest drivers of over capacity and that the ezj ambitious orderbook could cost it dear in the long term.

Its just a good job share options are not a replacement for the ezj loyalty bonus.
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