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

To: RangeRover who wrote (142)8/10/1998 2:02:00 PM
From: Mark T. Heath  Read Replies (1) | Respond to of 524
 
I've been looking at the FDX chart for an entry point with some technical support. It looks shaky to me at $55, but there does seem to be solid support around $50. The stock's multiple is now selling around it's projected growth rate for the next year. Hard to explain the selloff today, but the volume is not staggering by any means. This may be the time to get in. I have to wonder if an Asian surprise is coming with the next earnings report.



To: RangeRover who wrote (142)8/10/1998 2:26:00 PM
From: Kirk ©  Respond to of 524
 
Many I know eat out rather than cook (I live in SillyCone Valley) so grocery cost or adder for FedEx is not an issue. Now if they could have their food delivered and they just stick it in uwave....... They could work all evening and not cook or drive.... Look at growth of Boston Market. Maybe I should start a business????

regards
Kirk out


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