We're in the midst of a very difficult time in the telecom industry. Demand has been very week, particularly among the telecom-intensive sectors such as travel and financial services,.. We think 2003 will be another tough year in the telecom industry.
Tom Horton
Hated it when he called me 'kid.'
We would go into town at night to have dinner and I couldn't find my way back through four-way stops and dirt roads.
night find dinner roads
That [daily loss figure] is down a bit from where it has been,.. During the shutdown it was a scary number. It's down to about 5 million a day.
loss day scary
It seems like a really cool idea, but what I can't figure out is, why haven't they gotten more traction in the year since they moved here?.. What's holding them back?
idea cool
This action is consistent with similar steps American has taken during recent months to better align capacity with lower demand,.. This is a very difficult time in the airline business, and we see no near-term improvement. We will continue to evaluate further cuts in capacity and capital spending as conditions warrant.
action time business improvement difficult american demand
The softening U.S. Economy has driven a sharp reduction in demand for business travel,.. At the same time, fuel prices remain persistently high. We don't foresee a near-term recovery in demand so we expect the balance of the year to be very challenging.
travel time business balance economy recovery demand challenging
We're not looking for a bailout. We're looking for a recovery to the sorry state of the industry before the attack
state recovery industry
travel time difficult industry demand
We sold our house in New Jersey that year for 12,000; it has since sold for more than million.
house
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