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Non-Tech : FedEx (FDX)
FDX 262.11+1.3%Nov 7 9:30 AM EST
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To: D.J.Smyth who wrote (351)3/20/1999 10:59:00 PM
From: dogfish  Read Replies (1) of 524
 
did read that article, and at the risk of sounding like a fdx cheerleader, forbes has a tendency toward being more than a little overbearing in their opinions. on one hand they say that fdx margins are thin on residential delivery (which they are) while saying that most internet residential delivery goes by ups or postal. that does not sound too bad, your lowest margin business is going to your competitors. fdx says that they see their internet growth coming from business-to-business deliveries, which makes sense, thats where some of the largest on-line cost savings are being realized. the response from the CIO is exactly the kind of clear no b.s. i want to hear from management. i'd like to hear anyone else's take on this.
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