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

To: Peter Yang who wrote (61)	3/25/1998 6:55:00 PM
From: BAD BILLY	Respond to of 524

The giant is going to get bigger...The overnite market is ruled by FEDEX, now its going after the big market (UPS) slow boat deliveries. the growth potential is staggering. The stock will follow.

To: Peter Yang who wrote (61)	3/26/1998 8:42:00 AM
From: Eldon	Read Replies (1) \| Respond to of 524

To me, the lowered business in Asia is a blessing in disguise. Anytime you can be losing money in a certain portion of your business and still increase profits by 50% from the same quarter the previous year, that's got to tell you something. If you look, foreign retails were actually up; the weak currency value is what really made for bad profits in this portion of their business. Once the currency situation stablizes, this will only add to FDX's profits. As long as oil doesn't really dramatically jump, let's say over 18/barrell, I am not worried personally. I would feel quite comfortable with it at that price actually. Keep in mind too that the Caliber number's are to be added in started next quarter too. Anyway I look at it, long or short, FDX looks strong. Good luck. Eldon