Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kha vu who wrote (25148)	2/15/1999 10:51:00 PM
From: Dayuhan	Read Replies (1) of 120523

I like FDX simply because it has a globally dominant position in a clearly critical business with enormous growth potential. Still hoping the price slides a bit, as I'd like to grab some more. I think a significant across-the-board correction is a better than 50:50 chance in the next 6-9 months, so I don't want to buy at this price. Always watching, though. Interesting to note that in a worldwide recession FDX would be hurt, but its competitors would be hurt worse, and the overall competitive position might well improve. Thinking long-term, Steve

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