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The Boeing Company Message Board

  • sayuthink sayuthink Oct 8, 2008 12:11 PM Flag

    LISTEN UP UNION GUYS, RIGHT NOW

    Claim your Victory, you won! Now, if Boeing still has their offer on the table, take it and GO BACK TO WORK NOW. Be smart as there are dire consequences if you don't.

    Boeings Stock hit a new 52 week low this morning and will drop some more.

    Associated Press reported this morning this strike is costing
    Boeing over $100M per day. Do you guys want to break them completely? What a nice brag while you drink beer and get unemployment checks.

    SWA has already cancelled orders. Don't you think others will follow. Sure they will. Now with your great victory where are you going to work? Think about it.

    This IAM is a disgrace to its members to start this very ill-advised strike. Look what is happening to suppliers, you are reading about it in your papers, they too have let people go, all because of your greed. I imagine these people think a great deal of this IAM!

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    • Bingo! If you think about it logically...if you look at the numbers. This strike is pure nonsense.

      Ford, GM, Chrysler, all facing death because of poor union contracts over wages and job security.

      If you break Boeing you have no job.
      If you break the IAM, you have a job, and a dang good one at that.

      Its really that simple...union leadership is bringing the sword of Damocles upon you all.

      Worse yet, those who are really suffering already, now get to loose their jobs so you get to whine about 64k/yr with a high-school education for one of the best companys to work for in this US of A.

      You think when China builds their airplane they will allow a strike? If this were China there'd be snipers on the roofs and tanks forcing you to work.

      While you whine, China is building their next plane...the ONLY choice you have for job security is to return to the one you have!

      To forgo your paycheck and walk off the job to get job security...how can anyone justify that?

      What you have lost in pay you will NEVER make back. Think about it...PLEASE...its a dumb move. Really dumb. I pitty you.

      While you are at it...consider taking that Tom W. guy and sending him to China so he can get his head removed from his underside.

    • this is what happened to gm. the unions pushed them into signing contracts and retirements that was more than they could afford. now look at them. kill the golden goose. nice going ba workers.

      And about to happen to F and GM, now BA is the target, so sad.

    • Claim your Victory, you won! Now, if Boeing still has their offer on the table, take it and GO BACK TO WORK NOW. Be smart as there are dire consequences if you don't.

      Boeings Stock hit a new 52 week low this morning and will drop some more.

      Associated Press reported this morning this strike is costing
      Boeing over $100M per day. Do you guys want to break them completely? What a nice brag while you drink beer and get unemployment checks.

      SWA has already delayed orders. Boeing has lost 21 deliveries. Don't you think others will follow. Sure they will. Now with your great victory where are you going to work? Think about it.

      This IAM is a disgrace to its members to start this very ill-advised strike. Look what is happening to suppliers, you are reading about it in your papers, they too have let people go, all because of your greed. I imagine these people think a great deal of this IAM!

    • IAM has had 3 strikes against Boeing since 1995. Several Boeing officials have stated that this will be the last one. They are not going to let what the UAW did to F & Gm happen. One of these two or maybe both could possibly go into Chapeter 11 before end of month. UAW officials must be very proud...

      UAW must be wondering what they did, so sad to cause this misery and now IAM is following suit..

    • IAM has had 3 strikes against Boeing since 1995. Several Boeing officials have stated that this will be the last one. They are not going to let what the UAW did to F & Gm happen. One of these two or maybe both could possibly go into Chapeter 11 before end of month. UAW officials must be very proud...

    • my friends! can't we all just get along?
      and it's not the iam that's greedy, it's the greedy bastard shareholders who want something for nothing and the greedy corporations ripping us all off. that is what is ruining america! do you ever read anthing but this message board or listen to anything other than fux news, billo the clown or drug rush limbaugh?

    • Just hope both sides can come to an agreement, if not, Boeing is expected to take a very hard stance and not relent. The chatter from within is that this is the 3rd IAM strike since 1995, and it will be the last one with IAM.

      Market Scan
      The Upside Of Downside For Boeing
      Carl Gutierrez, 10.09.08, 12:30 PM ET

      Boeing

      Tear Sheet Chart News





      Today's Top Stories
      Stocks Fall; Economic Worries Dog Investors
      European Markets Rebound
      IBM Profits Beat Estimates
      Iceland Rescues Third Bank
      U.S. May Take Ownership Stakes In Banks



      The global financial crisis may work to Boeing's advantage in its talks with the International Association of Machinists.

      Late Wednesday, the two parties announced they restarted talks with the help of a federal moderator after union members walked off their jobs September.

      Paul Nisbet of JSA Research beleives the recent global financial turmoil has brought added pressure on union members to start working again.

      "I'm sure many of them have lost money in the market and in pension plans," Nisbet said, "and as the situation has changed there are quite a few minds that have changed as well."

      Shares of Boeing (nyse: BA - news - people ) fell 0.2%, or 10 cents, to $47.60, in midday trading on Thursday, though the decline was not nearly as severe as that of the broader market.

      All told, Nisbet believes at least a month will go by before union workers get back to work. "I think it'll take that long to negotiate a new contract," Nisbet said.

      Talks broke down after the union, which represents about 27,000 workers in Washington, Oregon, and Kansas, rejected a contract over disagreements on job security, pay, health care and retirement benefits. This is the third strike by the machinists union since 1995. The electricians, mechanics, painters and other hourly workers represented by the union assemble Boeing commercial jets.

      Although Nisbet believes Boeing will give in to some extent on higher wages, better provisions for health care and pensions, he expects the company to be steadfast in its stance on its ability to outsource.

      "I think Boeing's view on outsourcing is if it does give in it will lead the aerospace industry down the same path as the auto and airline industries have seen," Nisbet said.

      The strike has been a headache for the Chicago-based firm. (See "Boeing: Between A Union And A Hard Place.") On Monday, an analyst said the strike is expected to cost Boeing about 21 aircraft deliveries and up to 15 cents per share in earnings for every two weeks it continues.

      Boeing had already struggled to meet its deadlines with its 787 Dreamliner, and said last week that its airline deliveries are well below its forecasts. According to the company, Boeing delivered 84 737s, 747s, 767s and 777s in the third quarter, down from a pre-strike forecast of 119 planes, largely due to the strike itself.

      Boeing's commercial airplane operations, based in the Seattle area, have led a resurgence by the company over the past two years amid heavy orders for the much-awaited 787. Whatever semblance of a schedule for its Dreamliner has now become virtually impossible to meet.

      The Associated Press contributed to this article

      • 1 Reply to sayuthink
      • Just hope both sides can come to an agreement, if not, Boeing is expected to take a very hard stance and not relent. The chatter from within is that this is the 3rd IAM strike since 1995, and it will be the last one with IAM.

        Market Scan
        The Upside Of Downside For Boeing
        Carl Gutierrez, 10.09.08, 12:30 PM ET

        Boeing

        Tear Sheet Chart News





        Today's Top Stories
        Stocks Fall; Economic Worries Dog Investors
        European Markets Rebound
        IBM Profits Beat Estimates
        Iceland Rescues Third Bank
        U.S. May Take Ownership Stakes In Banks



        The global financial crisis may work to Boeing's advantage in its talks with the International Association of Machinists.

        Late Wednesday, the two parties announced they restarted talks with the help of a federal moderator after union members walked off their jobs September.

        Paul Nisbet of JSA Research beleives the recent global financial turmoil has brought added pressure on union members to start working again.

        "I'm sure many of them have lost money in the market and in pension plans," Nisbet said, "and as the situation has changed there are quite a few minds that have changed as well."

        Shares of Boeing (nyse: BA - news - people ) fell 0.2%, or 10 cents, to $47.60, in midday trading on Thursday, though the decline was not nearly as severe as that of the broader market.

        All told, Nisbet believes at least a month will go by before union workers get back to work. "I think it'll take that long to negotiate a new contract," Nisbet said.

        Talks broke down after the union, which represents about 27,000 workers in Washington, Oregon, and Kansas, rejected a contract over disagreements on job security, pay, health care and retirement benefits. This is the third strike by the machinists union since 1995. The electricians, mechanics, painters and other hourly workers represented by the union assemble Boeing commercial jets.

        Although Nisbet believes Boeing will give in to some extent on higher wages, better provisions for health care and pensions, he expects the company to be steadfast in its stance on its ability to outsource.

        "I think Boeing's view on outsourcing is if it does give in it will lead the aerospace industry down the same path as the auto and airline industries have seen," Nisbet said.

        The strike has been a headache for the Chicago-based firm. (See "Boeing: Between A Union And A Hard Place.") On Monday, an analyst said the strike is expected to cost Boeing about 21 aircraft deliveries and up to 15 cents per share in earnings for every two weeks it continues.

        Boeing had already struggled to meet its deadlines with its 787 Dreamliner, and said last week that its airline deliveries are well below its forecasts. According to the company, Boeing delivered 84 737s, 747s, 767s and 777s in the third quarter, down from a pre-strike forecast of 119 planes, largely due to the strike itself.

        Boeing's commercial airplane operations, based in the Seattle area, have led a resurgence by the company over the past two years amid heavy orders for the much-awaited 787. Whatever semblance of a schedule for its Dreamliner has now become virtually impossible to meet.

        The Associated Press contributed to this article


        THANK GOODNESS, SOME OF YOU GUYS ARE LISTENING....

    • Not yet wait till 45 more days.
      This will break Boeing stock apart.
      They will be left out of the next big rally in the market.

    • I agree with these comments in fact this union is a Disgrace. Boeing is paying very well. what else do they want. i will have to cancel my Union membership.

    • Heck iam happy to see those scab shops lay off. Put the scum of the earth nounion ppl inthe soup kitchen where they belong.
      god i love this. Iam almost ready to put all my boeing 401k back into boeing stock, but i think i will wait until it gets into the teens. Strike on union brothers and sisters. The windfall profit we will make on boeing stock makes our losses during the strike almost nothing. God bless the union and all nonscab shops.

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