Howard Rubel Ongoing Quotations

We are lowering our 2001 and 2002 estimates to take into account ongoing pressure on the company from the automotive market and from the initiatives that require substantial investment in advanced semiconductors, laser technologies, and commercial satellite Internet services.

Frankly, I would say that the trend of ongoing pressure from Asia isn't a particular surprise. The great percentage of the impact from Asia has probably already been felt in Boeing's stock price, but there will be some residual delay associated with earnings.