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'97 Strike Resulted in UPS Going Public
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<blockquote data-quote="Catatonic" data-source="post: 2253272" data-attributes="member: 7966"><p>That's what they were telling us in Corporate.</p><p>They explained that UPS needed to do it now (1997) rather than latter or UPSers would be without pensions.</p><p>They were telling us because we were the shareholders and it was predicted there would be no stock price increases for a couple of years but then it would get back on track.</p><p>Since going public, they can't (don't) tell us anything that may affect the stock price ... leading to possible Insider Trading.</p><p>We use to laugh at the Feeder Network since going public, it's about the only way to find things out before it is announced publicly.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 2253272, member: 7966"] That's what they were telling us in Corporate. They explained that UPS needed to do it now (1997) rather than latter or UPSers would be without pensions. They were telling us because we were the shareholders and it was predicted there would be no stock price increases for a couple of years but then it would get back on track. Since going public, they can't (don't) tell us anything that may affect the stock price ... leading to possible Insider Trading. We use to laugh at the Feeder Network since going public, it's about the only way to find things out before it is announced publicly. [/QUOTE]
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'97 Strike Resulted in UPS Going Public
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