Boeing Slips 787 First Flight

I said that this would happen, and I was right. Boeing has delayed the first flight of the 787.

While I don't think that it is going to slip as much as the Airbus A380, it won't come in on time.

The company won't have its existance threatened, but we will see Wall St. analysts wring their hands on cable TV and a dip in stock price.

It will mean nothing in the long term, but stock brokers don't make money on buy and hold, they make it on churn and burn.