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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Mazama who wrote (12443)2/6/1999 4:03:00 PM
From: Rick Faurot  Read Replies (1) of 90042
 
I'd be very surprised if Boeing became a takeover target and I doubt they would consider a takeover as friendly. This is a powerhouse company with vast resources. It is also the only US commercial airliner builder. Do you have info on a takeover?

This Air Force contract cancellation is a big deal according to the LA Times story as there are 22 other related contracts jeopardized by the cancellation. Boeing is in tough shape right now so I would guess the stock will be basing for awhile. JMHO.
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