JetBlue IPO Valuation?

Jeremy asks:
At what price would you recommend that JetBlue offer their shares? Based on Aprill 2002 IPO, with calculations?
At what price would you recommend that JetBlue offer their shares? Based on Aprill 2002 IPO, with calculations?
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Jet Blue’s IPO was priced 04-12-2002 at $27.00money.cnn.com/magazines/fortune/fortune_archive/2002/04/29/321989/index.htm
The stock last traded at $3.14 on 07-11-2008.
finance.yahoo.com/q?s=JBLU&d=t
The stock is down 88% since it’s 2002 IPO date.
I would be avoiding airlines stocks as long as oil prices stay over $100 bbl. I expect to see multiple airline bankruptcies over the next year.
I like this Airline betterwww.imdb.com/title/tt0080339/quotes