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Politics : View from the Center and Left
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To: Steve Lokness who wrote (224076)5/14/2013 11:23:34 AM
From: cosmicforce  Read Replies (3) of 540753
 
This is like the anecdote about the elevator man that worked 50 years at Sears who eventually, through persistent savings and dividend reinvestment, became one of the biggest non-institutional shareholders. Yes, those stories exist, and sometimes, they may be true. But - look at any statistics you want, you will see that the people that are getting hired (like at my pre-IPO company) are studying computers. We hire interns and people that haven't graduated yet. Not from just ANY major, though : CompSci, IT and EEs mostly. Early FedEx drivers made good money on their stock options. This doesn't mean that TODAY FedEx drivers are walking around with $250k stock returns. Their wages are averaging around $40k. UPS pays better apparently.

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