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


To: Raptech who wrote (2275)5/19/1999 3:07:00 PM
From: Chip Roos  Read Replies (2) | Respond to of 3764
 
I sold my entire holding in BA today at 44 1/2. I bought at 44 last June and this is the first time my investment has moved into the black so I'm pleased to move on and wish everyone the best of luck.

BA seems to have a ton of problems and although a repositioning of the core businesses and a restructering is probably a positive move, I sense management's attitude is a major problem. The loss of the Israeli contract to Lockheed was, as I understand it, more a presentation problem than a product or price issue. Likewise, the commercial aircraft problems and all of the losses to Airbus scare me.

I truly hope that by getting smaller this company turns the corner. I may be bailing at the wrong time but have other well managed companies to invest in.

Good luck to all.

Chip