[OAC_Sparky]

FocusGuy7476,Dec 7 2006, 02:39 PM Wrote:And I'll take the words of the new CEO over an 18 year line worker at a plant, the guy turned around Boeing and that really says something to me.
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I'm a pilot but that doesn't mean that I could tell Mulally how to design a plane.

He's still learning about running an auto company, and it's trial by fire. And don't assume he's the saviour he appears to be. While he did well at Boeing, Boeing's turnaround wasn't all Boeing, it was helped by mismanagement at Airbus. Unlike the auto market, there are relatively few players in the airline manufacturing sector. Just as a crap launch at Ford could conceivably help Toyota sell more cars, Airbus helped Boeing sell more planes the same way.

Wanna know how confident investors are right now?

Back in June I bought $7G in shares at $6.40, sold a month ago at $8.60 (w00t!! I'll take a 35% payment in 4.5 months!!) . It was up to $9 and change. What is it today? $7.16, after losing another $.20.

Hardly a ringing endorsement.