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Non-Tech : FedEx (FDX)

FDX 256.90

-2.0%

10:37 AM EST

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To: Darryl Olson who wrote ()	12/8/1998 10:32:00 AM
From: alex pierson	of 524

Could this be a breakout for Fedex? Could it be that management has decided they want the stock price to go up and will do something to try to make it happen? Is the Internet likely to put the small package shipping industry in the sweet spot for the next decade? Analyst at Warburg has Internet/catalog shopping seeing yearly unit growth in the 20% range. Does that seem likely to be not high enough? Any ideas? Alex

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