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Technology Stocks : fedex: phantom internet play
FDX 296.39+0.2%3:59 PM EST

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To: Floyd Stern who wrote (21)5/2/1999 4:58:00 PM
From: Ingenious  Read Replies (4) of 26
 
Floyd, if you read the relatively few posts here you can see that this thread seemed a bit off or even obtuse to some. However, the proof is truely in the pudding and the stock has crept from the 60s to the 100s over a short period of time. FDX is truly the pick ax of ecommerce as intel, msft, sun, and others are to the web in general. the beauty of FDX is that every incremental transaction generates corresponding incremental revenue for FDX. increase volume will not lead to decreasing profits due to competition (there really is very little competition considering the strong branding of fed ex) but will lead to lower fixed costs and *higher* profits.

Personally, I have always followed my business sense and logic to invest and found it much more lucrative than *any* broker or analyst.

Good luck and buy fedex.
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