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'97 Strike Resulted in UPS Going Public
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<blockquote data-quote="Catatonic" data-source="post: 2254727" data-attributes="member: 7966"><p>They aren't the owners.</p><p></p><p>I did not like it either and it turned out worse than I thought it would.</p><p></p><p>UPS makes more money per year than they ever did as a Private company. It's hard to position it was not a successful move going public.</p><p></p><p>It doesn't matter what we think about that move ... results is what matters and results at UPS is making enough money to satisfy the shareholders, make payroll, make prudent capital expenditures and have profits left to ensure the future of the company.</p><p>Looking OK for right now ... 10 years down the road?</p></blockquote><p></p>
[QUOTE="Catatonic, post: 2254727, member: 7966"] They aren't the owners. I did not like it either and it turned out worse than I thought it would. UPS makes more money per year than they ever did as a Private company. It's hard to position it was not a successful move going public. It doesn't matter what we think about that move ... results is what matters and results at UPS is making enough money to satisfy the shareholders, make payroll, make prudent capital expenditures and have profits left to ensure the future of the company. Looking OK for right now ... 10 years down the road? [/QUOTE]
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'97 Strike Resulted in UPS Going Public
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