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<blockquote data-quote="Catatonic" data-source="post: 941829" data-attributes="member: 7966"><p>The people that are buying UPS Stock are doing so probably because UPS continues to increase the dividend (yield ratio). </p><p>The $.03 additional increase in the quarterly dividend will give UPS a 3% yield if the price is $80/ share, which you responded to as if in some way it was related to driver wages (beats me).</p><p></p><p>If UPS Stock does not represent more than 5% of your investment portfolio, then I would suggest it as a buy. There are another 20 or so stocks that would suggest just as readily or even more though.</p><p></p><p>---------------</p><p>My responses was one of several posts in regards to an assertion by <strong>Southwestern </strong>that UPS is headed towards bankruptcy (see post 232). In post 232, I say to SW, "<em>... Ground will continue to shrink as you suggest. UPS Drivers may decrease in number but UPS going bankrupt is not inevitable or even something I foresee."</em></p><p>To further back up that line of thought, in post 244, I say, "<em>The profit on ground packages is approaching "zero" ... once you consider the infrastructure investments and maintenance to support Ground.</em>"</p><p>I should point out that I was "loosely" joining in on your and <strong>bubblehead</strong>'s attacks on what <strong>southwestern</strong> was posting.</p><p></p><p>The fact, which I just now realized, that the driver wages discussion was mixed in during this same period was not recognized by me. However, your lumping me in in with <strong>southwestern</strong> and posting that I said things that I never said or even believe in was poor deduction and irresponsible posting on your part ... which I called you out on.</p><p></p><p>---------------</p><p>NOW IF I MAY RESPOND TO THE UPS DRIVER WAGES DISCUSSION:</p><p></p><p>As for the wages that a UPS driver makes, I believe they earn every penny of it (been there and done it). Unfortunately, FedEx drivers do not get paid what they are worth.</p><p>And as far as education level, I personally feel that all that education level does is get your foot in the door and after that, it means nothing. If a person with a high school degree is compensated more than person with a PhD because he/she makes a company more money than a person with a PhD then that is the way it should be. I have several people that report to me of which one has a Master's degree ... that person is very ineffective and makes less than everyone else and will continue to do so as long as I have a say in the matter.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 941829, member: 7966"] The people that are buying UPS Stock are doing so probably because UPS continues to increase the dividend (yield ratio). The $.03 additional increase in the quarterly dividend will give UPS a 3% yield if the price is $80/ share, which you responded to as if in some way it was related to driver wages (beats me). If UPS Stock does not represent more than 5% of your investment portfolio, then I would suggest it as a buy. There are another 20 or so stocks that would suggest just as readily or even more though. --------------- My responses was one of several posts in regards to an assertion by [B]Southwestern [/B]that UPS is headed towards bankruptcy (see post 232). In post 232, I say to SW, "[I]... Ground will continue to shrink as you suggest. UPS Drivers may decrease in number but UPS going bankrupt is not inevitable or even something I foresee."[/I] To further back up that line of thought, in post 244, I say, "[I]The profit on ground packages is approaching "zero" ... once you consider the infrastructure investments and maintenance to support Ground.[/I]" I should point out that I was "loosely" joining in on your and [B]bubblehead[/B]'s attacks on what [B]southwestern[/B] was posting. The fact, which I just now realized, that the driver wages discussion was mixed in during this same period was not recognized by me. However, your lumping me in in with [B]southwestern[/B] and posting that I said things that I never said or even believe in was poor deduction and irresponsible posting on your part ... which I called you out on. --------------- NOW IF I MAY RESPOND TO THE UPS DRIVER WAGES DISCUSSION: As for the wages that a UPS driver makes, I believe they earn every penny of it (been there and done it). Unfortunately, FedEx drivers do not get paid what they are worth. And as far as education level, I personally feel that all that education level does is get your foot in the door and after that, it means nothing. If a person with a high school degree is compensated more than person with a PhD because he/she makes a company more money than a person with a PhD then that is the way it should be. I have several people that report to me of which one has a Master's degree ... that person is very ineffective and makes less than everyone else and will continue to do so as long as I have a say in the matter. [/QUOTE]
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