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<blockquote data-quote="beentheredonethat" data-source="post: 261700" data-attributes="member: 4886"><p>Cheryl, </p><p>That used to be 100% true, now it's only partially true. Before, selling was very difficult and you usually would have to sit down and t/w the dist mgr. Plus back then the growth rate of UPS was pretty good. Now even UPS says that (based on your level in management) determines what your targeted amount of money in UPS stock you should hold to get their additional incentive stock. What is unwritten, is that you don't have to hold more then the target. UPS realizes if they force people to keep UPS stock and the stock goes down, then they can be liable for lawsuits. Even with the stock market being down yesterday big time, my overall 401K Self Managed Account is up 50% so far for 2007. Compare that to UPS being flat this year, it's a no brainer. I've sold some for various reasons over the last few years and I've had nothing said to me.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 261700, member: 4886"] Cheryl, That used to be 100% true, now it's only partially true. Before, selling was very difficult and you usually would have to sit down and t/w the dist mgr. Plus back then the growth rate of UPS was pretty good. Now even UPS says that (based on your level in management) determines what your targeted amount of money in UPS stock you should hold to get their additional incentive stock. What is unwritten, is that you don't have to hold more then the target. UPS realizes if they force people to keep UPS stock and the stock goes down, then they can be liable for lawsuits. Even with the stock market being down yesterday big time, my overall 401K Self Managed Account is up 50% so far for 2007. Compare that to UPS being flat this year, it's a no brainer. I've sold some for various reasons over the last few years and I've had nothing said to me. [/QUOTE]
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