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Technology Stocks : Boeing keeps setting new highs! When will it split?
BA 179.73+0.2%Nov 21 9:30 AM EST

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To: Marvin L.Covey who wrote (1908)11/14/1998 12:04:00 PM
From: Aloysius Q. Finnegan  Read Replies (2) of 3763
 
Marvin,
I noted previously that on Oct 26th, Boeing employees were allowed to increase the amount of Boeing stock holdings in their 401K plan from 50% to 100% of total savings.

Now we hear that Boeing has, over that same period, been buying back its own stock with both hands.

Concurrently we have had an incredible run-up on no news. (duh ... I wonder why?)

Doesn't take an aerospace engineer to figure that 1 + 1 does not equal a sustained rally.
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