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

To: campe who wrote (1754)	9/3/1998 3:52:00 PM
From: David C. Burns	Respond to of 3763

Airbus Project in China Collapses .c The Associated Press PARIS (AP) -- Airbus Industrie announced Thursday that efforts to build a 100-seat jetliner in China have collapsed, but it plans to seek a new project with the Chinese. Airbus said in a brief statement that those participating in the project -- Aviation Industries of China, Italy's Alenia and Singapore Technologies Ltd. -- ''concluded that no solid common basis was found for further developing this new aircraft.'' But the statement said Airbus and Aviation Industries of China agreed to discuss a new project. It did not elaborate. ''We're keen to get into the market -- we just haven't found a way yet,'' said Adam Brown, vice president of forecasting, strategic planning at the European aircraft consortium. He added that Airbus doesn't want to leave the Chinese market to archrival, the Boeing Co. of Seattle. Airbus has said that being a long-term supplier for China's aircraft industry might be a better option than developing a new jetliner from scratch. Speaking at a London aerospace conference sponsored by the Financial Times, Brown cited the high development costs and lower return involved in designing a smaller jetliner. Airbus has said airlines want it to shrink the A319 to 100 seats, a move that would entail minimal development costs. Such an aircraft would compete with Boeing's 100-seat 717, a slow seller which the U.S. company inherited in its merger with McDonnell-Douglas Corp., and with its 110-seat 737-600. The Airbus consortium consists of British Aerospace, Daimler-Benz Aerospace of Germany, Aerospatiale of France and Spain's Construcciones Aeronauticas.

To: campe who wrote (1754)	9/3/1998 5:28:00 PM
From: steve dietrich	Respond to of 3763

I've heard rumors that the Wichita Director has been reassigned, but as far as I know, it's still just a rumor. I thought this new DCAC/MRM was going to reduce inventories, not build them UP!

To: campe who wrote (1754)	9/3/1998 6:30:00 PM
From: Tom M	Read Replies (1) \| Respond to of 3763

GJC, read the article, thanks for posting it. Do you think there are earnings ramifications in that Wichita inventory situation? Not quite sure how to interpret when & what the implications are on earnings - ie was this in prior numbers or is there some upcoming charge, or is it a non-event? Man the personnel changes there sound drastic. It's hard for me to imagine the replacements can do a better job near-term. I'd appreciate comments from you BA-connected folks if you can. thanks in advance, Tom