BUSINESSWEEK ONLINE : MAY 3, 1999 ISSUE
COVER STORY

Forecast for Boeing: Partly Sunny


THE BRIGHT SIDE
-- First-quarter profits rose to $469 mil., from $50 mil. in '98
-- Asia is bouncing back
-- Cost-cutting moves are bearing fruit
-- Production of 747s is on schedule
-- Earnings in '99 are expected to rise 52%

THE DARK SIDE
-- The first will be the strongest quarter in '99
-- Summer labor negotiations could be rough
-- Airbus is making strides at high and low end
-- Boeing's 717 is not selling well
-- Company plans to make 480 planes in 2000, vs. 620 this year


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A Wiser Bull?

COVER IMAGE: A Wiser Bull?

TABLE: The Market Turns From Glamour To Grit

CHART: Cyclicals Trump the S&P 500...Industry Comes Back...As Do Financials and Small Caps

The Highfliers: From Vertigo to ``Only Very Volatile''

CHART: The Wild Ride for Net Stocks

Commentary: Consider This: A Tech Slump May Spark a Hard Landing

Boeing Breathes Easier

TABLE: Forecast for Boeing: Partly Sunny

TABLE: Profit Woes? Not This Time

ONLINE ORIGINAL: How a Market Shift Could Realign the Mutual-Fund Stars



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