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UPS Partners
Management Buy-out and Pension cut
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<blockquote data-quote="alwaysaware" data-source="post: 144305" data-attributes="member: 7742"><p>I have to agree with anonymous cow I am. A PCM won't be done - nor will any announcement be made on Monday. Also, Do calculations based on all of the rumors - My calcs go from 53K to 497K. Go Figure. </p><p> </p><p>Anyway - I think (from Yahoo message board) that Scott had a loose mouth about cost reductions and it's avalanced into the age old pension/buy-out rumor. Possibly wishful thinking. We (UPS) still haven't learned to play with the runners on Wall Street. We act like we are still private - Which would should of stayed as..!!!!</p><p> </p><p>I see changes in 2008 - maybe even board changes - anyone hear those?? Here is one: Apparently Scott Davis is already out and gone.....</p><p> </p><p>Some changes are needed - Unfortunatley, we need people who can execute as opposed to 'cow-towing' to Wall Street yuppies who want big year-end cash bonuses if they know they can bend and twist a company that cannot play with the wall Street 'players'.</p><p> </p><p>And think about this: anything said or done affects 10% of OUR, yes OUR company. That's what wall street has it's hand on. Maybe they are looking for the remaining 90%.</p><p> </p><p>Again - Enjoy your weekend... These rumors are approaching insanity levels. Think of all the rumors that came out after the strike in 1997....!!!!! They never happened...</p><p> </p><p>Amen...</p></blockquote><p></p>
[QUOTE="alwaysaware, post: 144305, member: 7742"] I have to agree with anonymous cow I am. A PCM won't be done - nor will any announcement be made on Monday. Also, Do calculations based on all of the rumors - My calcs go from 53K to 497K. Go Figure. Anyway - I think (from Yahoo message board) that Scott had a loose mouth about cost reductions and it's avalanced into the age old pension/buy-out rumor. Possibly wishful thinking. We (UPS) still haven't learned to play with the runners on Wall Street. We act like we are still private - Which would should of stayed as..!!!! I see changes in 2008 - maybe even board changes - anyone hear those?? Here is one: Apparently Scott Davis is already out and gone..... Some changes are needed - Unfortunatley, we need people who can execute as opposed to 'cow-towing' to Wall Street yuppies who want big year-end cash bonuses if they know they can bend and twist a company that cannot play with the wall Street 'players'. And think about this: anything said or done affects 10% of OUR, yes OUR company. That's what wall street has it's hand on. Maybe they are looking for the remaining 90%. Again - Enjoy your weekend... These rumors are approaching insanity levels. Think of all the rumors that came out after the strike in 1997....!!!!! They never happened... Amen... [/QUOTE]
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