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Non-Tech : Airborne Freight (ABF) is taking off -- Ignore unavailable to you. Want to Upgrade?

To: Jeff R who wrote (190)3/13/1999 4:58:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 220
 
Don't know Jeff

with expected earnings near $3 according to the CEO, this is a p/e of 10!

I tried to buy more with my IRA at $30 Friday but I guess you have to sell some mutual funds one day then use the proceeds the next day so I will have to see Monday.



To: Jeff R who wrote (190)3/14/1999 9:00:00 AM
From: Larry Myers  Respond to of 220
 
Jeff,

Oil prices have dropped dramatically this past week with the OPEC people promising big production cuts starting 4/1/99. This has caused concern that fuel costs will increase sharply for ABF. I think it is somewhat of an overreaction. I am hanging on and may buy more. Looks like a buying opportunity to me.

Good luck,
Larry


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