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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: BRANDYBGOOD who wrote (49834)6/8/1999 4:29:00 PM
From: Jim  Read Replies (5) | Respond to of 90042
 
FDX (Federal Express) has been a great stock for me. I figured that all the E-Commerce sales will have to be delivered, and FDX will get a lot of new business. I bought early in the year at $83, and it recently split down to $55.

Does anyone know if UPS is traded? I cannot find the symbol. Also, are there other delivery companies on the exchanges that will benefit from this increased business. This seems an almost sure way to invest in internet business without having to choose an internet stock with crazy P/E ratios.

Jim



To: BRANDYBGOOD who wrote (49834)6/8/1999 11:12:00 PM
From: cirrus  Respond to of 90042
 
I did well with FDX on earnings 2 Q ago and will probably pick up some again. Watch oil, though. Any indication of higher prices could obviously hurt FDX. I was half listening to CNBC this afternoon and thought I heard something about higher energy prices contributing to inflation fears...

Tom