BeachRider

MoneySense Magazine Picks 10 Stocks for the Next 10 Years

This is a tough crowd to sell EBAY to, for sure. I don't get the MSFT slander, though. Windows XP and Office 2000/2003 were tremendous money-makers, up to 2007. 2008 and 1Q2009 have been lesser years (they have been lesser years for many companies). MSFT just needs the new-Office and new-Windows to generate huge revenues. MSFT has tremendous profit-margins and are selling a half of APPL's P/E. You do need to be careful about the purchase timing. This stock still has quite a bit of index-play and can be bought more-cheaply with a good understanding of options-expiration.

Boeing: The Emperor's New 787 Dreamliner

Since SA is about BA stock, the comments that reflect loss of confidence in BA management are OK. Lots of people agree that the tentativeness, shown by BA management after letting June expectations creep so high, is concerning. The attempt to factualize the concern with dates and judgements is fact-challenged. There are few facts available on the detail of the 'wings attach to fuselage' issue that is reported in the press.

It is OK to bake BA management for the high expectations in June. Everyone thinks that they will eventually get it fixed. Key 787 customers still express confidence for first-customer-delivery by sometime in 2011.

Boeing Delivery and Order Numbers: Read 'Em and Weep

BA actually delivered 4 more planes this quarter than last quarter. The main issue for BA stock is when-do-the-787s-get-d... Unless their competitors self destruct, only the 787 is far-ahead of competitors. The order book went so-wild for a few years, and the order backlog so far out into the future, that something had to happen. You cannot keep booking pizza-orders when the pizzas won't show up for years.

Three Reasons This Defense Cycle Is Different than Previous Cycles

I agree that fuel efficiency is a key aspect of the current technology push. Whether it is due to upsizing of aircraft to fly each passenger for lower cost (A380), substitution of non-enclosed turbofans for freight usage (A400M) or significant weight reduction to carry the same-number of folks (A350 or 787).
787 bring one more thing, though. By eliminating the aluminum from the airframe (unique to 787), they will run a higher-pressurized cabin with much higher humidity. Both of these will give a noticeably more comfortable ride.

Boeing Delays 787's First Flight- Yet Again

I don't know anyone that thinks that 787 will never fly. We are just bickering about how-long the delay will be. First-flight within the year is well-over 75%. I might even conjecture about first-flight within 3 months (25-50%?). Longer and shorter times are possible.

In any event, delivery to customers should be somewhere in the Summer 2010 to Summer 2011 timeframe (perhaps quicker). With all of that conjecture under my belt, that still puts them two years ahead of A350XWB. It could be more if A350 runs into any delays.

As to stock, find the local-low (next few months) and ride the rough ride up to 787 delivery schedules. This plane is a new kind of animal. BA does have to change some of the management before they can believably expand this technology into the 737 space (the bread-and-butter for plane manufacturers). I have to believe that recladded planes (like A350) will dominate the 'large' airplane market for the foreseeable future.

Boeing's Misstep Is Indicative of Broader Misconceptions of Risk

There has been a lot of conjecture about the nature of the change needed for 787. The FAA will certainly 'assist' BA in examining the body-of-evidence for completing the testing. BA should be nervous that the FAA will find some unacceptable shortcut. There is also a scent of schadenfreude in some of these comments, given the low level of actual detail available in the press, right now.

Dreamliner Delays at Boeing: This Too Shall Pass

BA mgt should be horsewhipped for creating so much optimism so close to a poor result. I hope the SEC checks out the insider stock transactions to be sure that this doesn't have a dark side. If there is none, then I hope one of the marketing 'big, giant brains' on these forums looks into this to explain how BA balances the loss of credibility against some corporate gain.

Boeing Delays 787's First Flight- Yet Again

It certainly is hard for BA to compete with EADS planned aircraft. A350 XWB is due out in 2013. If EADS delivers on schedule, they will be in good position in four years (Boeing had another staggering delay this week). As to adapting 777 to challenges from A350, I don't get that. The 777 is a larger plane than A350. The competition will be between 787 & A350XWB.

777 has two current models, 301 or 368 (3 class) seats. A350XWB plans two models with 270 or 315 seats. The 787 plans three models with 210, 250 or 290 passengers. Only the 787 delivers the fuel economy capability to compete with A350XWB.

As it sits, A350XWB can be a little bigger, but 787 should be lighter and cheaper. Things can change as both vendors adapt to their implementations.

Boeing: The Good, The Bad and the Indifferent

The 787 should be a very significant plane for BA. If it is late (again) BA stock will be battered. If it is OK, then it will give BA a fuel efficiency advantage over other BA and all EADS planes. The A380 still holds promise, if you put 650+ people into the flights. A slow recovery for commercial flying will muffle the efficiency of A380, though. The A380 and 787 are both efficient, buy targeted at completely different facets of commercial flying. [The A350 XWB is a potential 787 competitor that is years away, right now]
On the military side, BA & EADS each have large-plane issues, EADS has two. Both are in on the USA tanker-sale and EADS has the A400M cargo-plane issue (which can affect the sales of Boeing C17). Just as A380 & 787 experienced annoying/costly delays, A400M is having such delays.

The New Dow Jones Industrial Average: Calculations and Individual Weightings

Marco,
Nice spreadsheet. I love spreadsheets. Thanks.

Boeing: Five Causes for Concern

Mr. Furman,
What information are you talking about? Is there something wrong with the amount of carbon-fabric that they can get or is there something completely different wrong with the 787?

Why isn't this an important thing to you?

Boeing: Five Causes for Concern

Mr. Furman.
If it is just a matter of wording, what do you deem the relevance of the 'Airbus Internal Documents' on the Boeing 787?

I read it as: EADS doesn't believe that the early-process for Boeing is going to be able to make enough carbon-fiber material for the eventual delivery of so-many planes.

The timing of this analysis is terrible.

Boeing: Five Causes for Concern

This was about Boeing stock, right?
1) On target, interesting point. Is comparable data available for EADS?
2) Tenuously connected to the subject. Mostly ad-hominem to Cramer
3) The only evidence presented is for GE, not BA, so this is OT, too
4) Read it, it doesn't compare 787 to anything. Comment is false
5) Pure conjecture, but interesting.

Overall, that there is a Coke/Pepsi thing going on between EADS and BA. This article doesn't advance the evidentiary trail much for any conclusion, though. I wish it was better written.