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Discuss: Is UPS Cheap Enough to Buy?

This is a discussion on Discuss: Is UPS Cheap Enough to Buy? within the The Latest UPS Headlines forums, part of the Brown Cafe UPS Forum category; Is UPS Cheap Enough to Buy? - Seeking Alpha Earlier this month I wrote about why I really like United ...

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Old 06-25-2008, 08:06 AM   #1
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Default Discuss: Is UPS Cheap Enough to Buy?

Is UPS Cheap Enough to Buy? - Seeking Alpha
Earlier this month I wrote about why I really like United Parcel Service (UPS) but the stock never seems to get cheap enough to satisfy my requirements for a purchase. However, all of that seems to be changing as UPS is guiding down for earnings per share going forward. Specifically, UPS is estimating earnings of $0.85/share, down from its prior estimate of about $1.00/share. Its package volume is down, and fuel is up. The shares were hammered 6% on Tuesday.
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