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


To: radman33 who wrote (1803)9/23/1998 5:38:00 PM
From: steve dietrich  Read Replies (1) | Respond to of 3763
 
I read in the local paper today that Condit said deliveries this quarter should be about the same as last quarter,maybe a little higher. Also that analyst were lowering earnings estimate due to Asian Contagion. Think this could be why BA didn't participate in the rally? Also saw an excerpt from the WSJ on Boeing TV, that insiders of BA, and other large aerospace co's were snatching up shares in their co's while prices are down.



To: radman33 who wrote (1803)9/23/1998 9:52:00 PM
From: Dale J.  Respond to of 3763
 
We will have to see if the selling continues. It might by a few MF managers throwing in th towel. If the selling continues over the next few days then I think we are headed for trouble. I would infer that BA management is leaking information to "friends" on the Street.

There has been some insider buying and I didn't see anything in the news that would explain BA selling while in the midst of a DOW rally.