Discussion in 'UPS Discussions' started by filthpig, Jan 10, 2009.
When I went to USA Today they showed a 23 pt. drop. Did our stock split?
nope, just tanked, boy I'm ready to retire, sure glad I don't have management's ups stock pension.
God damn!! I didn't even see that!
Fedex took a giant dump also. I wonder if this had anything to do with the rate increase.
All of the ticker symbols I checked were way off, kinda like our pkg driver "plans"
Wall Street has Industrial Engineers too? That would explain a lot.
23% drop in last year looks about right.
Our pension funding is well diversified but unfortunately the entire equity market is down at least that much.
But many management people are delaying their retirement.
Down to 50, hoaxter that's not a 20$% drop from 71 it's a 20 point drop.
You ain't kidding, your time is short. You gonna have a big party?
OK... if you're going to try getting nick picky on me.
The original poster said it was down 23...
1/14/08 it was $67.16
1/11/08 it is at $50.93
That is a drop of 24%.
I eyeballed it and said "23%...that looks about right".
My response now, in the spirit of UpState, - "Damn I'm good!"
No, DAMN, YOU'RE A MATH TEACHER!
I hate algebra!!!
Calculus too, if I had ever taken it...
Algebra - it's ok...you occasionally use it in real life.
Calculus - 6 quarters of it and never used it in real life.
All of u seem good with numbers`~`We might have an opening for u in our daily planning. u know when they say u have 100 stops but really have 145
Let's just say, I graduated High School, a little bit early, so math is not my forte`. Now, if talking smack was one of my classes, I'd of gotten all A's.
If you look at the last year, FedEx, the DOW, and S&P all did worse than UPS.
Over the last 2 years, UPS lost as much as the DOW (almost exactly the same). The S&P and Fed Ex all did worse.
I understand that UPS pension is fully funded.
I would assume that Teamster pensions are invested in the stock market?
When the stock market drops, we are ALL affected.
UPS stock is only one very small piece.
The stock is $50.93, not a pretty price, but better than in the mid $20's
I have never understood why anyone in their right mind would ever need to turn letters into numbers until I was introduced to that da*n toggle key on the DIAD IV.
Seriously, algebra and business ethics were the only classes I never completed in college. My wife tells me that she woke up one night and I was talking in my sleep saying over and over again, "I hate algebra. I hate algebra...".
If you go to www.usatoday.com and enter ups in the little stock quote thing on the front page it shows the price as 28.16. Did I miss something?
Apparently usatoday.com has a serious glitch. It's showing Ford (f) trading at 26 a share. Up from 4 a share, a 899% increase. ***???
It must be that media bias we all keep hearing about.
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