Thread: UPS's BM video
View Single Post
Old 10-22-2009 | 06:08 PM
  #2  
L'il J.Seinfeld's Avatar
L'il J.Seinfeld
Gets Weekends Off
 
Joined: Oct 2005
Posts: 1,126
Likes: 0
From: Brown
Default

Great points. Revenue was only down 15% yet profits fell 43%. UPS is expensing everything they can now in order to maximize profits in the future, It's absolutely amazing to me that we are on the defensive and UPS continues to buy back stock at the rate they have.

The mechanics are vowing to not make it through peak without a new deal. I think it is time to call the bluff. Either crap or get off the pot. I am not giving another dime.
Reply