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Job cuts are coming
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<blockquote data-quote="satellitedriver" data-source="post: 140622" data-attributes="member: 1664"><p>What attracts people to buy a stock is growth and yield. That instant 10% is only paper profit. You can not sell your discounted stock for 2 years. If I bought 10% discount on Dec 7th 2004, it was trading at $87.20 so I bought it at $78.48. It's yield is 2% per year. Two years later, when I can sell my stock on Dec 7th 2006( todays qoute on Nov 27th 2006 is $78.27) I sell my stock for what I paid for it. No instant 10%. The yield of 2% per year is eaten away by the 3% inflation rate per annum. Leaving me with a net lost of 2% over the mandated holding period. In todays world UPS,stock is not an investment.</p><p>Without the customer smiling,you will end up not having a business. Service is not just making numbers.</p></blockquote><p></p>
[QUOTE="satellitedriver, post: 140622, member: 1664"] What attracts people to buy a stock is growth and yield. That instant 10% is only paper profit. You can not sell your discounted stock for 2 years. If I bought 10% discount on Dec 7th 2004, it was trading at $87.20 so I bought it at $78.48. It's yield is 2% per year. Two years later, when I can sell my stock on Dec 7th 2006( todays qoute on Nov 27th 2006 is $78.27) I sell my stock for what I paid for it. No instant 10%. The yield of 2% per year is eaten away by the 3% inflation rate per annum. Leaving me with a net lost of 2% over the mandated holding period. In todays world UPS,stock is not an investment. Without the customer smiling,you will end up not having a business. Service is not just making numbers. [/QUOTE]
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