Stockchase Opinions

Ben Stadelmann KLM Royal Dutch Airlines KLM-N PAST TOP PICK Sep 16, 2004

(A Top Pick Oct 23/03. Up 20%.) Taken over by Air France on Jun 14/04 and still holding this stock which is showing some pretty decent numbers.
$12.560

Stock price when the opinion was issued

Transportation
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A class airline. Should be a survivor.
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A strong player in airlines.
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Was a top pick previously too. Good company and should survive and do well. Lots of cash.
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Huge debt load. Traffic is going to be down. They've cut some routes and plane sizes. Has a target over $28 and they have traded above that level 8 out of the last 10 years. Excellent comeback potential.
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Think sit has tremendous upside. Book value is around $35. Still has some liquidity issues.
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(Top Hold)Being taken over by Air France. Merger will result in a share swap.