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.

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

To: djp who wrote (2149)	3/7/1999 6:53:00 PM
From: campe	Read Replies (1) \| Respond to of 3764

Now that all the bad news is out, its time for some good news... Boeing to take off with new 737 SEATTLE (CBS.MW) -- Boeing's new 737 jetliner may be what the company needs for its shares to get off the ground. The Seattle Times reports that though the 737 was expensive to produce, revenue for the jet exceeded the costs of its development and construction in the first quarter of this year. The development of the new plane accounted for losses of $1 billion over the past two years, eroding Boeing's (BA) profit. But with that commitment and outlay comes the reward of a product which could show investors the company won't settle for a holding pattern. Assailed by criticisms of largesse and rampant production costs, the new 737's streamlined design and manufacturing process may pay off sooner than expected. (The Seattle Times) seattletimes.com