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Non-Tech : FedEx (FDX) -- Ignore unavailable to you. Want to Upgrade?

To: AEON FLUX who wrote (30)	12/15/1997 11:24:00 AM
From: Darryl Olson	Read Replies (1) \| Respond to of 524

Please see my comment on the Caliber BB. I feel it is a good purchase for FedEx. With the recent decline in FedEx share price due to 2nd quarter earnings, Caliber shareholders will be getting less compensation for their shares (good for FedEx). The combination appears to give FedEx a solid portfolio of transportation options to sell to customers. The "cherry" in the deal is RPS which will allow FedEx to compete aggressively with UPS. Note that UPS is having problems with its unions. It will be interesting to see where they (FedEx) are a year from now.