As we all know, FDX has long been the darling of Wall St. I, for one, was glad to see some of the ANALists finally come down to earth a little with their downgrade of FDX. IMHO P/E ratios are good to watch for a current analysis and the long-term earnings potential is good for long range planning. With the release of the new rate increase for next year, if FDX follows suit, their long-term earnings potential does not look good. As badhab said, their pockets may not be deep enough to withstand that. Maybe then, UPS will look like a much better investment to the Wall St. boyz, and we all know what that brings.. Can you say Cha Ching .
Michael