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<blockquote data-quote="an anonymous guest" data-source="post: 431831"><p>If you own stock in UPS, your are an owner of the company. That means if you work at UPS, its still your company, and partly your business. Yes the stock is down now, but that means the people there now will get this year's MIP and RSU at lower prices, and maybe make some money. The real question is whether UPS is still a good investment. I think it is, but as part of an apppropriately diversified portfolio. </p><p></p><p>Yes, I was there 38 years ago, and for the 1st 8 years I was there the stock went nowhere. People said the same things then when we were private about young managers and the partnership plan. </p><p></p><p>The culture of partnership was the philosophy of Jim Casey, and although it was expressed in MIP and other forms of compensation. He kept it above the level of making it mere money. Some people have tarnished that concept, but it is still there. It is a matter of 'management will' to preserve that philosophy. I always did my best.</p><p></p><p>Go UPS!</p><p>P71</p></blockquote><p></p>
[QUOTE="an anonymous guest, post: 431831"] If you own stock in UPS, your are an owner of the company. That means if you work at UPS, its still your company, and partly your business. Yes the stock is down now, but that means the people there now will get this year's MIP and RSU at lower prices, and maybe make some money. The real question is whether UPS is still a good investment. I think it is, but as part of an apppropriately diversified portfolio. Yes, I was there 38 years ago, and for the 1st 8 years I was there the stock went nowhere. People said the same things then when we were private about young managers and the partnership plan. The culture of partnership was the philosophy of Jim Casey, and although it was expressed in MIP and other forms of compensation. He kept it above the level of making it mere money. Some people have tarnished that concept, but it is still there. It is a matter of 'management will' to preserve that philosophy. I always did my best. Go UPS! P71 [/QUOTE]
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