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UPS Airline / Gateway
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<blockquote data-quote="iamupser" data-source="post: 827861" data-attributes="member: 30252"><p>I'm just a caveman {credit s-n-l} so I need someone to explain why the company went public in 1998 and raised $5.5B <a href="http://money.cnn.com/1999/11/10/companies/ups/" target="_blank">http://money.cnn.com/1999/11/10/companies/ups/</a></p><p></p><p>and </p><p></p><p>in 2008, a mere 10 years later, the company authorizes to repurchase $10B back in stock? I understand they want to "prop up" the stock price, it just doesn't seem like a good value when your freezing workers to hypothermia, poisoning most of the inside workers because your too cheap to ventilate the buildings according to industry standards, taking away every little bit of morale boosting incentive we had.</p><p></p><p>How many newer package cars with a low step could $10B buy? How many guys can hardly walk, or blew their back out because of the high step?</p><p></p><p>I think employees (many that are shareholders too), should come 1st when it comes to safety and providing a good work environment (physically & mentally). </p><p></p><p>I think the board of directors just wiped their A** with $10B Large. Is that inaccurate?</p></blockquote><p></p>
[QUOTE="iamupser, post: 827861, member: 30252"] I'm just a caveman {credit s-n-l} so I need someone to explain why the company went public in 1998 and raised $5.5B [URL]http://money.cnn.com/1999/11/10/companies/ups/[/URL] and in 2008, a mere 10 years later, the company authorizes to repurchase $10B back in stock? I understand they want to "prop up" the stock price, it just doesn't seem like a good value when your freezing workers to hypothermia, poisoning most of the inside workers because your too cheap to ventilate the buildings according to industry standards, taking away every little bit of morale boosting incentive we had. How many newer package cars with a low step could $10B buy? How many guys can hardly walk, or blew their back out because of the high step? I think employees (many that are shareholders too), should come 1st when it comes to safety and providing a good work environment (physically & mentally). I think the board of directors just wiped their A** with $10B Large. Is that inaccurate? [/QUOTE]
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