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Non-Tech : Trading IOMEGA based on technical analysis

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To: Teddy who wrote (1176)	9/9/1997 9:01:00 AM
From: KM	of 1511

Hi Edward Off Thread* I'll tackle the Boeing one. I have 5,000 shares of it. It's one of my favorite stocks. The reason it's going down is . . . Nothing! It gets hit when the Dow gets hit. There's a bit of a problem with some of the survivors of Flight 800 saying that the U.S. government is protecting Boeing (if the cause of the disaster is ultimately deemed to be mechanical failure). But, it will also be doing 70% of the servicing of U.S. commercial aircraft (I read this summer) After the EU approved the merger, the stock went up for a while and then came back down. Any price in the mid 50' s is good. Look for some upside earnings surprises in the quarters to come. BTW, during the summer, Jim Cramer made a very good point. Since BA is so backlogged, a good play for years to come would be on its suppliers, such as Hexcel, Oregon Metallurgical, Allied Signal, Morton Thiokol, and there are many others. Oregon Metallurgical is a particularly good one IMO, plus its relatively inexpensive. Hexcel is also good, but it has run up quite a bit since this summer.

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