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

To: Ali Shahbaz who wrote (164)8/11/1998 5:50:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 524
 
What percent of their business comes from Asia? With Yen decline, maybe they were hit for this reason? I don't own them so don't have annual report to look it up, but I sugest it is falling due to yen concerns.

regards
Kirk



To: Ali Shahbaz who wrote (164)8/11/1998 7:32:00 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 524
 
FWIW I cornered a FDX driver yesterday, and he was not aware of any problems with the pilots.



To: Ali Shahbaz who wrote (164)8/11/1998 9:43:00 PM
From: Mark T. Heath  Respond to of 524
 
I'm not using the stock's chart to explain the drop. I am using the chart to find support for an entry point. I stated earlier that there was some support at $55, but even better support at $50. So far, $55 has held in the face of today's good test.


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