FedEx (FDX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : FedEx (FDX)

FDX 268.67

+0.4%

Nov 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BAD BILLY who wrote (54)	3/17/1998 6:51:00 PM
From: tyro	of 524

BB, IMHO, FedEx is headed for a higher multiple as a result of the article by Jeffrey Garten, dean of the Yale School of Management, which appeared in the 'Economic Viewpoint' column of the March 23rd issue of Business Week (I receive the European Edition). Garten says that the current attempt at a globalization of the world economy -- the third in this century -- is irreversible. He bases his case on FedEx, which he says 'both epitomizes this trend and is a driving force behind it'. According to Garten, FedEx sees itself more as an information-technology company than as a transporter of goods. Its logistical services are being incorporated into a wide range of manufacturing operations around the world, helping to create new kinds of manufacturing -- for example, Dell -- as well as links between economies that are unbreakable. Mutual funds will be buying FDX this week, for the long term. T.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next