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<blockquote data-quote="Dfigtree" data-source="post: 431816" data-attributes="member: 5050"><p>In all your 35 or so years at UPS, your UPS stock portfolio's value never took a backward step, that is, until UPS went public. You used to be a partner, partner. But there are no partners anymore, only shareholders. The stock the new people get or buy is subject to market risk. That virtually did not exist when UPS was private. The only valid reason for UPS to go public was to improve the lot of the shareholders. The shareholders have not benefited from going public. And, the new employees have been totally smoked. Period. Amen.</p></blockquote><p></p>
[QUOTE="Dfigtree, post: 431816, member: 5050"] In all your 35 or so years at UPS, your UPS stock portfolio's value never took a backward step, that is, until UPS went public. You used to be a partner, partner. But there are no partners anymore, only shareholders. The stock the new people get or buy is subject to market risk. That virtually did not exist when UPS was private. The only valid reason for UPS to go public was to improve the lot of the shareholders. The shareholders have not benefited from going public. And, the new employees have been totally smoked. Period. Amen. [/QUOTE]
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