Out for Blood in Silicon Valley
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 15 March 2019
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Fool Money. |
| 0:10.0 | It's a Motley Fool Money radio show. I'm Chris Hill, joining me in studio this week, |
| 0:22.0 | Senior Analyst Jason Moser and Ron Gross, and from 1623 Capital Jeff Fisher. |
| 0:27.0 | Good to see you as always, gentlemen. We've got the latest headlines from Wall Street, |
| 0:31.0 | Academy Award-winning director Alex Gibney is our guest and as always we're giving |
| 0:35.0 | an inside look at the stocks on our radar. But we begin this week with Boeing, |
| 0:39.0 | two deadly crashes in the past six months, both of which involved Boeing's |
| 0:44.0 | 737 MAX-8, the latest model of its best-selling plane. |
| 0:48.0 | And in the wake of the latest crash, the 737 has been grounded, |
| 0:52.0 | basically by every country on the planet, Ron. |
| 0:56.0 | Shares of Boeing falling 10% in the past week. Obviously there's a human cost to this story. |
| 1:03.0 | So our hearts go out to the families involved. This seems like a story that really |
| 1:11.0 | has a number of pages to play out here. For sure, I think this is a big deal. |
| 1:16.0 | I think it's a short-term big deal, though. It's not the end of Boeing. |
| 1:20.0 | I've seen some estimates from, for example, Ken Herbert, |
| 1:24.0 | who's an aerospace analyst who thinks it would be a $500 million fix to the software, |
| 1:29.0 | could take six to eight weeks. There could be additional hits down the road |
| 1:34.0 | if airlines start to charge a Boeing for downtime and for planes just sitting around. |
| 1:40.0 | It also remains to be seen if the production schedule of Boeing will be impact. |
| 1:45.0 | As of now, they're not changing their production schedule. They're going to keep rolling |
| 1:48.0 | planes off the menoring, manufacturing line. But if orders start to slow |
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