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<blockquote data-quote="Ricochet1a" data-source="post: 986518" data-attributes="member: 22880"><p>Wrong.</p><p></p><p>Do the Couriers in your station know about the replacement of the W700s with Sprinters? That is considered public knowledge at this point, yet Express has been absolutely "mum" regarding the true scope of the replacement of the W700s to the wage employees. There is a VAST difference between what qualifies as "public knowledge" (as far as the SEC is concerned) and what is "known" among the wage employees of a company. Companies deliberately time the release of information to stay within the letter of the law (as far as the SEC is concerned), while keeping its employees in the dark until the last moment. </p><p></p><p></p><p></p><p>Wrong. They already know what is going to happen, I already know what is going to happen, people that I correspond with already know what is about to happen. People that I correspond with have already commented on the potential rise in FedEx's stock price and considered making purchases based upon what we know. And the forecasted jump in FedEx stock price in the next couple of years is SIGNIFICANT. <em>For those employees who have a stock purchase plan - stick with it...</em></p><p></p><p>There is a fine line between pubic knowledge and "insider" knowledge when it comes to making decisions regarding timing of stock purchases (again, the reason for the investors conference call, to get some information out there to enable decisions to be made to purchase stock and not do it based on "inside" knowledge). All the top execs are looking forward to the value of FedEx stock jumping significantly- since they hold a significant number of shares right now...</p><p></p><p></p><p></p><p></p><p>Correct</p><p></p><p></p><p></p><p>There was a "grand scheme" to massively reorganize Express to enable that 10% profit margin they've long wanted. Put frankly, the 2008 election with the Democrats taking the White House AND Congress scared the crap out of FedEx. They thought they would lose their long held RLA status and have to fight off organizing in between one-third and one-half of the stations. The "scheme" was in full motion back then (before the Great Recession was fully realized). What caused them to hold off on pulling the trigger was the uncertainty regarding Ground - there was a slew of lawsuits launched by states Attorneys' General, attacking the use of the independent contractor model. FedEx didn't want to commit its future to the way Ground was organized, only to potentially lose the lawsuits, have the Ground drivers classified as FedEx employees - then subsequently organize within the blink of an eye. Timing was everything.</p></blockquote><p></p>
[QUOTE="Ricochet1a, post: 986518, member: 22880"] Wrong. Do the Couriers in your station know about the replacement of the W700s with Sprinters? That is considered public knowledge at this point, yet Express has been absolutely "mum" regarding the true scope of the replacement of the W700s to the wage employees. There is a VAST difference between what qualifies as "public knowledge" (as far as the SEC is concerned) and what is "known" among the wage employees of a company. Companies deliberately time the release of information to stay within the letter of the law (as far as the SEC is concerned), while keeping its employees in the dark until the last moment. Wrong. They already know what is going to happen, I already know what is going to happen, people that I correspond with already know what is about to happen. People that I correspond with have already commented on the potential rise in FedEx's stock price and considered making purchases based upon what we know. And the forecasted jump in FedEx stock price in the next couple of years is SIGNIFICANT. [I]For those employees who have a stock purchase plan - stick with it...[/I] There is a fine line between pubic knowledge and "insider" knowledge when it comes to making decisions regarding timing of stock purchases (again, the reason for the investors conference call, to get some information out there to enable decisions to be made to purchase stock and not do it based on "inside" knowledge). All the top execs are looking forward to the value of FedEx stock jumping significantly- since they hold a significant number of shares right now... Correct There was a "grand scheme" to massively reorganize Express to enable that 10% profit margin they've long wanted. Put frankly, the 2008 election with the Democrats taking the White House AND Congress scared the crap out of FedEx. They thought they would lose their long held RLA status and have to fight off organizing in between one-third and one-half of the stations. The "scheme" was in full motion back then (before the Great Recession was fully realized). What caused them to hold off on pulling the trigger was the uncertainty regarding Ground - there was a slew of lawsuits launched by states Attorneys' General, attacking the use of the independent contractor model. FedEx didn't want to commit its future to the way Ground was organized, only to potentially lose the lawsuits, have the Ground drivers classified as FedEx employees - then subsequently organize within the blink of an eye. Timing was everything. [/QUOTE]
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