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Technology Stocks : BE Aerospace (BEAV) Breakout
BEAV 64.470.0%Apr 21 4:00 PM EDT
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To: john smith who wrote ()12/24/1998 9:20:00 AM
From: Paul Berliner  Read Replies (2) of 210
 
You're right.... the sharp move down was too violent not to warrant a
little rebound. The stock shouldn't fall below 15, though... the
outlook ain't that bleak - just a minor disappointment in earnings next year and its being priced in. Boeing had more bad news today as
a mfg. exec. quit. Plus, notice Delta and UAL both ordered a bunch
of the new 737s again.... bad news for BEAV, as the huge 747 is seeing continued drops in orders in favor of the smaller, short-haul 'business' jets.
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