04-10-2008, 11:07 AM
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Join Date: Apr 2006
Posts: 649
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Wall Street continues to think less and less of Joe Uberroth and company. Ambassadors International stock is now in a free fall, and it's trading at $6.45 a share. Just last week it was still in the $8.00 range. Hopefully, Ambassadors' immediate plans to stop the fall include divesting themselves of their American flag passenger shipping interests. Perhaps they can take a page from Coca Cola Bottling Company of New York's play book, and spin the boats off as a separate corporate entity.
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