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Technology Stocks
Boeing and Fields Aircraft Spares (FASI)
An SI Board Since October 1997
Posts SubjectMarks Bans Symbol
28 0 0 FASI
Emcee:  M Allen Type:  Unmoderated
Introduction Market Data Compact
The largest shareholder of Fields Aircraft Spares, Inc. (Nasdaq: FASI) is Boeing.

FASI is a leading distributor of aircraft cabin interior replacement products and is a broker for a wide variety of factory new parts applicable to various commercial aircraft models and manufacturers. They are seeking manufacturing acquisitions that will support both new and existing aircraft.

FASI lost its shirt during the aerospace recession, but they returned to profitability and reached record sales levels in the Second-Quarter of 1997. biz.yahoo.com

In the last seven months they have obtained a new $10 million revolving credit line, and closed a debenture offering providing an additional $10 million to finance growth.

They are currently shipping at a rate of $1 million per month up 100% over 1996. With only 1.9 million shares outstanding, their market cap is under $23 million.

IMO, based on their current growth rate, their new financing and having Boeing as their largest shareholder, FASI should have far greater credibility in the industry than other companies their size and should be well positioned to benefit from the current aerospace boom.

Their web site is at fieldsair.com

If you are considering investing in FASI, be sure and do your own due diligence.

Any comments about this company would be appreciated.
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28 If you're not out, you'd better get there.. ;-) jimChartgod-11/8/1999
27 Fields Aircraft Spares Engages Robb Peck McCooey to Further Strengthen its StraM Allen-6/11/1999
26 Fields Aircraft Spares Reports First Quarter Fiscal 1999 Results SIMI VALLEY, M Allen-6/10/1999
25 Fields Aircraft Spares Announces Record Revenue and Operating Income for FiscalM Allen-4/21/1999
24 Fields Aircraft Announces Record Revenues for Q3 1998 SIMI VALLEY, Calif.--(BUM Allen-11/25/1998
23 Fields Aircraft Spares Announces $5 Million Expansion of Credit Facility With NM Allen-11/25/1998
22 Fields Aircraft Announces Record Revenues for Q2 1998 Six-Month Revenues Jump M Allen-8/20/1998
21 Fields Aircraft sees FY98 revs at $25 mln SIMI VALLEY, Calif, July 14 (ReutersM Allen-7/20/1998
20 Fields Aircraft Anticipates One-Time FY 1998 2nd Quarter Charge for ConsolidatiM Allen-6/9/1998
19 New thread just for fun. Subject 21177Junkyardawg-5/23/1998
18 168 Percent First Quarter Sales Jump Announced By Fields Aircraft Spares SIMI M Allen-5/19/1998
17 Fields Aircraft Spares Completes Acquisition of Skylock Industries IncorporatedM Allen-5/18/1998
16 Fields Aircraft Spares Announces Record Fourth-Quarter; Sales Jump 132 Percent M Allen-4/9/1998
15 Additional Conversion Rights of Private Debt Offering Announced by Fields AircrM Allen-4/9/1998
14 Fields Aircraft Spares and Flightways Manufacturing Inc. to Participate in AsiaM Allen-2/27/1998
13 Fields Aircraft Spares Appoints Former British Cabinet Minister to Board of DirM Allen-2/24/1998
12 Fields Aircraft Spares Signs Letter of Intent to Acquire Skylock Industries IncM Allen-2/3/1998
11 Fields Aircraft Spares Completes Acquisition of Flightways Manufacturing Inc. fM Allen-1/26/1998
10 Fields Aircraft Spares Signs Letter of Intent to Acquire Flightways ManufacturiM Allen-1/7/1998
9 Thanks Mike <EOM>rci-1/6/1998
8 Fields Aircraft Spares Initiates Conversion of 20 percent of $10 Million PrivatM Allen-1/6/1998
7 JR, Sorry for the delay in responding. I was out of town for the holidays. IM Allen-12/29/1997
6 Mike, When are 4th qtr. numbers due? JRrci-12/17/1997
5 JR, The CEO at FASI does seem to be doing what he can to build shareholder valM Allen-12/17/1997
4 Mike, You're not alone here. I'm thinking about selling/taking a berci-12/15/1997
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