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Non-Tech : FedEx (FDX)

FDX 262.11

+1.3%

Nov 7 3:59 PM EST

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To: Darryl Olson who wrote (291)	12/21/1998 1:51:00 PM
From: tom jones	Read Replies (1) of 524

To all: Profit margins. From what I see FDX's revenue has been increasing every quarter. It would seem that their profit margin will keep getting better also as it did in the August 1997 quarter with increased revenue from the UPS strike. Profit margin was up to 4.3% last quarter. Anyone see FDX having a 5% profit margin soon with internet sales increasing FDX's revenues. I have heard that the new euro currency should help keep cost down also. Comments? Tom

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