William Trent_

Airbus Should Get Cracking On a Regional Jet Program

It was a great call for Boeing, despite the negative press at the time.

Embraer Continues to Soar With Large Chinese Regional Jet Order

Short term, at 14x 2007 earnings it may be fairly valued. Long-term the company is likely to take a good deal of market share from Boeing and Airbus, and that is likely to move the stock higher over time. If you have patience you can buy the dips. If you are short-term oriented you probably don't want to play industrials unless you really know what's going on in the industry. As we said in the article, you are buying on the basis that they will receive large orders, but there is little way of knowing when they will be placed.