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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Waldeen who wrote (49881)	6/8/1999 10:40:00 PM
From: Jim	Read Replies (2) of 90042

Waldeen, Thanks for the info on ABF and all the research you made available to me. I did my DD, and it seems their main business is air freight for businesses. I am not sure they are geared to handling many small parcels from Etailers to their customers. Rather then having to transfer delivery to the post office after the air shipment, the Etailer could simply contract the whole delivery to the post office in the first place. Their stock dropped from $42 in March, mostly because of an earnings "surprise" I expect. The P/E is only 10.92, but there is a large float. I think I will just put it on my watch list and see if it has strength. Thanks again for your response and to "bobby..." for the same heads up.

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