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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (21129)7/1/1998 9:09:00 AM
From: Tom M  Read Replies (1) of 94695
 
Bill, do you have any way of identifying the > 200k BA block at close yesterday as to buy or sell? 34, WOW - I do know anything is possible but I'd suspect some plunge protection team action before that - BWDIK etc.

At any rate, if people actually believed BA's estimates, we'd be moving on up. Most recent etrade data says up 175% or $1.65eps for '98 then up another 100% to $3.26 for '99. I don't know, but I imagine the '99 747 cutbacks aren't there yet, but the numbers are still some of the best growth estimates I've seen for the next couple years. & we'll soon be setting up for yearly Q to Q comparisons against last year's horrible performance where any improvement will be a large % increase.

I agree of course the next couple days are critical. Was hoping the first-week-of-month inflows would add some weight to the up side, but..WDIK

Tom
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