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

To: Marvin L.Covey who wrote (2188)	4/3/1999 12:20:00 PM
From: angra manyu	Read Replies (1) \| Respond to of 3764

All, Throw the Bums out ! That is the clarion call to all those who recieved the Boeing Annual Meeting notice with the voting form. I would like to see both Phil Condit, the present CEO, and Lewis Platt, CEO of HP who has run that company into the ground. Is'nt it wonderful that Phil Condit is on the board of HP, so these guys can jointly screw up the 2 companies. Condit has fumbled from one disaster into another with no announced plans to save Boeing. I hear a lot of breast beating saying how BA is world's #1 Aircraft Co. But you must be (s)tone deaf not to hear the foot steps of Airbus behind you and getting closer and closer. For all his wonderful work, Phil Condit received $1 Mil in salaries and has an option to exercise within 60 days a windfall of 453,099 shares. If you can reward a CEO for driving a company into the ground, what does it say of the board of directors. Has it not always been said that since the board of directors sit on each others board, it is very difficult for them to point an accusing finger at the other. With Condit at the helm, this company is only going south. You cant blame Asia forever. He was the cheer leader of the group lining up to kiss China's tush and parceling out component manufacture to that country. Of course they bought a couple of planes but China also bought from Airbus. Think of what M/s Welch & Armstrong have done for GE & AT&T respectively and compare them to Condit. Condit was given a company with booming sales and skyrocketing demand for its planes and he succeeded in screwing up one order after another and driving customers into the waiting arms of Airbus. It is only the share holders, who needs to wake up from the slumber and take a decisive action. I have already voted against the two and you only need to think of the money you have lost so far. Krishna