Originally Posted by
FR8K9
Mark my words-- UPS is about to have some of the best years in the 108 year history of this company!!
-Competition is gone
-oil is down
-they must be confident if they are buying back billions in their own stock
-buying airplanes
-fed is pumping money into the economy
I'll stand by my point, if we casually allow guys to be tossed to the street for years, this organization is done for!
Are you kidding me? What planet are you living on?
The government came out and said they expected unemployment to PEAK at the 7.5-8.5 range. WE ARE ALREADY THERE and still haven't hit the bottom. Unemployment is going to go over 10% easily and very soon too. That means less money spent on packages because nobody is buying anything and more foreclosures are coming as well.
The DOW is at 6,600, down from 11,400 less than 6 months ago. It will be below 5,000 in less than 3 MONTHS. Don't think so? Lets revisit this thread in a couple months. What makes FDX and UPS immune to the economic meltdown we are in....NOTHING.