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Non-Tech : FedEx (FDX)

FDX 260.93

+0.8%

1:42 PM EST

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To: Cathy Gustin who wrote (443)	11/9/1999 4:24:00 PM
From: WWS	Read Replies (1) of 524

Ditto on the "very perceptive" comment. Load up is what I did this p.m. Many recent stories indicate that FDX core overnight business is not growing as fast as before, and has more competition (like from Tumbleweed software). But I then remember that they also own RPS and that this is a platform from which to reach residential customers (the biggest growth market?) as well as "beginning to end" (aka, warehousless) inventory control systems now being pioneered with Cisco Systems which will be a huge attraction in the b2b arena. Not to mention that globalization and growth of internet will inevitably increase order fulfillment volume of any company, like FDX, which is a serious player in the delivery business. Even if they were to lose market share to UPS, still there would be more than enough business to go around. Plus, consider that Mr. Smith is still running the show; that's another plus for FedEx.

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