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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (786)	9/20/1998 10:09:00 AM
From: porcupine --''''>	Respond to of 1722

Moody's Investors Service placed the senior debt ratings of BOEING CO under review for possible downgrade. The rating agency cited several concerns behind its decision. Chief among them was Boeing's continuing poor operating performance, but Moody's also pointed to the uncertainty about both the timing and the degree of the resolution of Boeing's production problems in its commercial aircraft operations. Another factor prompting this review was the company's recently announced $5 billion stock buyback program. Moody's also placed the ratings of Boeing Capital Corporation (BCC) on review for possible downgrade. (Reuters 12:31 PM ET 09/15/98)