WALL STREET: Boeing Dive

In Wall Street, Boeing Airplane Co. last week supplied a sad example of how jittery the stock market is these days, especially in reaction to offhand remarks of Administration officials. At a press conference, Secretary of Defense Wilson vaguely remarked that production of the B-52 intercontinental bomber might soon "be up for reconsideration," depending on the performance of Convair's newer, supersonic B58 Hustler bomber. Though Wilson's statement did nothing more than reflect the routine Pentagon procedure of constantly reappraising air needs, the Wall Street Journal blew it up into a long...

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