Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (338)	1/6/1998 10:39:00 PM
From: Harry Abruzzese	Read Replies (1) \| Respond to of 633

Stephen, All indications suggest that we are still in the begining of growth in the aerospace industry and as far as consolidation this is true except that there are still plenty of publicaly traded aerospace parts suppliers and the list will be getting even larger.I personally believe there are thousands of companies in the indusrty that will choose to go public over the next several years.I track 17 publically traded aerospace components suppliers at the present time ( this dosn't include distributers, engine refurbishment, air transpot comanies etc. This is only about half of the aircraft component companies I would like to track in the industry but my hands are full with the ones I have. Boeing for example, uses in excess of four thousand vendors! Many of these vendors are not publically traded but I expect that as the industry approaches maturity of it's growth phase, many will be. I think it will be easier to explain if you go to my company's website, aerostock.com .I posted some free write-ups lately to help investors become more understanding of the industry. On the home page, you'll see "links" when you click on it, I think you'll be suprised at just how many companies are involved in the industry. Anyway, there's massive amounts of free information on the site that could better answer your questions instead of me trying to cover everything in just a few sentences. It is a very exiting time for the industry. Best regards, Harry PS. The reason most of these companies are near thier highs is because they are being flooded with orders while delivery rates are increasing. The airlines, esspecially the air cargo industry needs to purchase about 7,000 new planes in the next three years because of the workloads placed on the exsisting aircraft over the last two years.It's cheaper to run new planes than old ones because of fuel efficiant engines and lower maintanace cost among other things. To put this in perspective, Boeing and Airbus had less than 900 firm orders in 1997. Although Airbus broke thier record of 438 planes in 97' and Boeing came close, this still only represents a small portion of the total commercial aircraft orders expected over the next few years. Remember, this is only the commercial aircraft industry. The aerospace industry has a history of being notoriosly cyclical, but right now it looks like we could be in the beggining of a five to ten year up cycle. It truly is the Dawn of a New day.