browniehound
Well-Known Member
UPS, 101 years old. Is this a good or bad thing? I ask this to the people heavily invested in the company and for those new employees thinking of participating in the DESSP program.
How many companies have been in business for 101 years? Maybe the beer companies? US Steel? GE?
I'm just asking here because I would be a little skeptical about buying UPS right now.
From what I hear from management is we are losing volume to our competitors. I don't think this will stop happening, no matter what we do.
The economy is soft and energy prices are high with only one place to go (higher).
Will we be in business 30 years from now?
I say probably because the economy relies on somebody to move its goods. I still think UPS is in the best position to do that at a profit. I do feel that it will happen with the slimest of profit margins in the coming years?
Will UPS stock be the best place to invest your money?
It doesn't look that way? What do you think?
How many companies have been in business for 101 years? Maybe the beer companies? US Steel? GE?
I'm just asking here because I would be a little skeptical about buying UPS right now.
From what I hear from management is we are losing volume to our competitors. I don't think this will stop happening, no matter what we do.
The economy is soft and energy prices are high with only one place to go (higher).
Will we be in business 30 years from now?
I say probably because the economy relies on somebody to move its goods. I still think UPS is in the best position to do that at a profit. I do feel that it will happen with the slimest of profit margins in the coming years?
Will UPS stock be the best place to invest your money?
It doesn't look that way? What do you think?