Reply to thread

Message

<blockquote data-quote="DELACROIX" data-source="post: 5618181" data-attributes="member: 49065">Basic facts:&nbsp; UPS Stock was valued around (37 dollars a share) in 2000...prior to the pandemic it was roughly (98 dollars a share)..today it is valued at (178 dollars a share, the high mark was 220).&nbsp; Let us for same almost double...Any management with 20 plus years in are set for life if they didn&#039;t screw it up, just from their own (Stock return)..MIP and the such.&nbsp; I still remember back when their stock went public overhearing a old time manager bragging that he just became a millionaire...Back in the early 90&#039;s it was selling at (30 dollars a share)...prior to the announcement I heard we had managers mortgaging their paid off homes in order to buy more stock..urban legend..who knows...Sure they eliminated further funding into their own pension trusts..But the money was already in there to (set them for life).&nbsp; Back in the early 90&#039;s they were putting (10 X&#039;s) more monetary contributions into their plans compared to the (UPS Pension Plan) who had the same number of participants.Have to agree this has to be a (Special Contract) in order to pass..O&#039;Brien might be the real deal but there is still a lot of mistrust in the rank and file that we will be fooled again.&nbsp; </blockquote>

[QUOTE="DELACROIX, post: 5618181, member: 49065"] Basic facts: UPS Stock was valued around [B](37 dollars a share)[/B] in 2000...prior to the pandemic it was roughly [B](98 dollars a share)..[/B] today it is valued at [B][COLOR=rgb(184, 49, 47)](178 dollars a share, the high mark was 220). Let us for same almost double...[/COLOR][/B] [COLOR=#000000]Any management with 20 plus years in are set for life if they didn't screw it up, just from their own [B](Stock return)..MIP and the such. I still remember back when their stock went public overhearing a old time manager bragging that he just became a millionaire...[/B]Back in the early 90's it was selling at [COLOR=rgb(184, 49, 47)][B](30 dollars a share)...[/B][/COLOR][COLOR=rgb(0, 0, 0)][B]prior to the [/B][/COLOR][B]announcement I heard we had managers mortgaging their paid off homes in order to buy more stock..urban legend..who knows...[/B][/COLOR] [COLOR=#000000]Sure they eliminated further funding into their own pension trusts..But the money was already in there to (set them for life). Back in the early 90's they were putting [COLOR=rgb(184, 49, 47)][B](10 X's) [/B][/COLOR][B]more monetary contributions[/B][/COLOR][COLOR=rgb(0, 0, 0)] into [/COLOR][COLOR=#000000]their plans compared to the (UPS Pension Plan) who had the same number of participants. Have to agree this has to be a [B](Special Contract)[/B] in order to pass..O'Brien might be the real deal but there is still a lot of mistrust in the rank and file that we will be fooled again. [/COLOR] [/QUOTE]

Verification