http://www.boeing.com/news/releases/1998/news_release_981201c.html
SNIP:
Production on the 747 program is now scheduled to decrease from 3.5 to 2
airplanes per month in late 1999, and subsequently to 1 per month in early
2000 if market conditions fail to improve. Based upon updated customer
demand forecasts, the 757 program will be reduced from 5 to 4 airplanes per
month and the 767 program will be reduced from 4 to 3.5 airplanes per month
in early 2000. The 777 program, currently scheduled for a rate reduction
from 7 to 5 airplanes per month in the fourth quarter of 1999, is now
projected to continue at the lower rate in 2000.......
Actually, this isn't "news" either -- analysts have been talking for months
about the fact that the company has "missed" the current upturn of the
production cycle - ie, when going all out is when the company is supposed
to be making its most $. in prep for when the cycle drops.
wall street. emotional knee-jerk reaction ...
kathy
-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
Kathy E. Gill, http://www.dotparagon.com/R65/
WWW design � writing � training - http://www.dotparagon.com/
Mac Advocacy - http://www.halcyon.com/kegill/mac/
Sometimes I wonder if men and women really suit each other. Perhaps they
should live next door and just visit now and then.
--- Katharine Hepburn
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