fedex: phantom internet play Message Board

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Technology Stocks : fedex: phantom internet play

FDX 296.33

+0.1%

Dec 26 9:30 AM EST

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To: Ingenious who wrote (20)	5/1/1999 11:28:00 PM
From: Floyd Stern	Read Replies (1) of 26

I saw the string of FDX being a phontom internet play. I believe that this has some validity. Any any rate, their business is growing. I live in Lakeland, FL a town of 100,00 to 125,000. I have spoken to someone who has worked for the FDX office heere locally for several years. he thinks their packing volume has tripled. Our economy is not a urban and dynamic as say Tampa (nearby), Miami, or Atlanta, but FDX enjoys high growth. If we are a microcosm of what is to come, FDX, long term, should be a great investment. If internet retail sales grows from $2 Billion to $50 Billion per year in the next few years as predicted, I believe FDX's revenues and earnings should accelerate. Obviously, the market place in the last 6+ months has agreed. Is this the consensus of this group. Thanks for your input. Floyd

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