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<blockquote data-quote="UPS Lifer" data-source="post: 267039" data-attributes="member: 9789"><p>Rod,</p><p>In 1977, my father-in-law sold his house in CA for $75K. I told him to hang on to it and rent it out. He bought it for $24K and told me there was no way this house would ever get any higher. Well he is 83 now and has no money. Oh, that same house is worth about $900K now. If I would have told him that back in 1977 he would have had me committed! </p><p></p><p>Obviously, you have little faith that UPS will be worth much in 25 years...and that is OK. All I am saying is don't be surprised if history repeats itself. There are very few companies that make it over 100 years and I think that UPS is positioning itself strongly in the International arena.</p></blockquote><p></p>
[QUOTE="UPS Lifer, post: 267039, member: 9789"] Rod, In 1977, my father-in-law sold his house in CA for $75K. I told him to hang on to it and rent it out. He bought it for $24K and told me there was no way this house would ever get any higher. Well he is 83 now and has no money. Oh, that same house is worth about $900K now. If I would have told him that back in 1977 he would have had me committed! Obviously, you have little faith that UPS will be worth much in 25 years...and that is OK. All I am saying is don't be surprised if history repeats itself. There are very few companies that make it over 100 years and I think that UPS is positioning itself strongly in the International arena. [/QUOTE]
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