As AMR and its pilots once again engage in contract negotiations, the airline has made a good will gesture and operational performance has improved after a dramatic decline in September.
But valuations are not low by any definition, and recent performance has not been good enough to attract attention and new money to the sector.
And it has one other interesting facet a clear dividing line between good and bad performance.
The Edinburgh scrum-half turned in a good performance against the All Blacks and has been praised for a number of impressive displays for his country.
The daily relative performance has turned lower, and it has good support at line g.
Trevisani adds that the confectionary side of the business enjoys good cash flow and has the potential to turn around its earnings performance.
Last week Cisco posted a good quarterly performance for the first time in a while and has addressed the bloat by slashing thousands of jobs and is refocusing on the basics: routers and profit margins.
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Panasonic has really shown what micro four thirds is all about, with the retro good looks and strong performance of the new Lumix DMC-GF1.
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"Obviously we are disappointed not to take the three points and with a bit of luck maybe we would have, despite the performance not being as good as it has been in the past, " said the Scot.
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As a result the criticism on Microsoft's performance, good or bad, has focused mainly on its products, such as Vista, and not on its former figurehead's absence.
Surprisingly, Nike has seen good top-line performance in Western Europe, with UBS expecting revenues to grow 5% and futures 4% on the back of a warmer than expected winter.
That is also why there has been no link between pay and performance: lacklustre firms followed the escalator too, perhaps in order to attract good managers, or out of pride, or because their shareholders failed to prevent it.
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