Although all three versions of the plane are making steady progress, production has not ramped up at the rate Lockheed hoped, and a recent government report on various glitches encountered in development suggests the program is still not ready for high-rate production.

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Companies are lucky if they hit on one of 10 wells, so such a high success rate has been noteworthy even when the production from those wells was not impressive.

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Ethanol stocks are high, while production-capacity utilization is down at the unusually low rate of 85%.

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So far, Warner has bought four of the movies that KatzSmith has pitched them including two that Mr. Grahame-Smith is writing an unusually high hit rate, says Greg Silverman, the studio's president of production.

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