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To: JDN who wrote (68907)	11/20/1998 6:21:00 PM
From: Srini	Respond to of 186894

JDN: FedEx seems to want a higher P/E...... interactive.wsj.com "How much of the change is negotiating bluster and how much is a real strategic overhaul is still unclear. But today, information clearly commands a higher premium than trucks and planes. FedEx executives envy the lofty valuations of Internet companies such as bookseller Amazon.com Inc. They are far more appealing than the multiple Wall Street puts on FDX." Srini.