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<blockquote data-quote="FedExRookie" data-source="post: 1117185" data-attributes="member: 44400"><p>MrFedEx, you have such a hard on for Express that you forget the stock reflects all entities of FedEx. While I agree the stock is overvalued, it is not as bad as you imply. Investors are confident that ground will absorb the loss of freight from express and continue to make 17 cents on the dollar. I believe Freight is finally in the black, or will be this quarter, adding more reason for the stock to be highly valued. The asian market is suffering as a whole, investors believe FedEx will grab a strong portion of the market as it rebounds.</p><p></p><p>edit: ground to express</p></blockquote><p></p>
[QUOTE="FedExRookie, post: 1117185, member: 44400"] MrFedEx, you have such a hard on for Express that you forget the stock reflects all entities of FedEx. While I agree the stock is overvalued, it is not as bad as you imply. Investors are confident that ground will absorb the loss of freight from express and continue to make 17 cents on the dollar. I believe Freight is finally in the black, or will be this quarter, adding more reason for the stock to be highly valued. The asian market is suffering as a whole, investors believe FedEx will grab a strong portion of the market as it rebounds. edit: ground to express [/QUOTE]
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