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Technology Stocks : Boeing keeps setting new highs! When will it split? -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (2402)	8/7/1999 1:00:00 PM
From: hui zhou	Read Replies (1) \| Respond to of 3764

Streamlining measures by Boeing will leave 7,000 staff assembling McDonnell Douglas jets at a Shanghai factory jobless early next year. Boeing acquired rival US maker McDonnell Douglas in August 1997. As part of restructuring, it announced the discontinuation of the MD-90 model which the Dachang factory produces. "More than 6,000 workers together with 1,000 aircraft designers will have no work to do early next year," the Shanghai Star quoted Yuan Zhenfu, vice-president of factory owner Shanghai Aviation Industrial Corporation, as saying. The factory began producing McDonnell Douglas jets in 1985 and had shipped 35 MD-82 and MD-83 aircraft by 1994.