overall, no positive change in the business. ream said "not a lot better" for "the next six months." he said they were trying to get new business, but no comment. only one analyst even bothered to ask a question. to me that means there is no institutional interest in the stock. he asked about the impact of the q400 flying by colgan on exjet. ream downplayed it, but did say it is a zero sum game and q400 flying either comes from mainline or exjet. i think from exjet. of course colgan has more on order.

i'd look for the stock to go down. what positives are there? if exjet gets some ual business it will take the jets from charter and put that dog to sleep. mesa could go down and help exjet short term. the economy could turn around and exjet utilization could go up from 8.6 hours a day to 10-12 hours a day.

i still think the best deal for exjet is a buyout and dump management and cut expenses.