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UPS Partners
Why Mike must go
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<blockquote data-quote="upsdawg" data-source="post: 172881" data-attributes="member: 2020"><p>Mike has brought UPS from a $25 Billion company to almost a $40 billion company---and is responsible for a company that represents 5% of the GND. Would you rather have a company whose stock has increased and is fighting to not go into Chap 11??</p><p></p><p>One of the weak areas is the stock price----however when you are comparing other stocks--how many have paid the quarterly dividends that UPS does--and is financially strong --like AAA Bond rating strong---and has a$5 Billion cash reserve---and is in a position to make a major aquisition when it is available??</p><p></p><p>I do agree that it would be nice to have a higher stock price and see stock splits like the days of old when we were a privately held company--but those days are gone!!</p><p>My prediction is this------UPS will buy back major shares and get the price of stock up there in the next 6 months--than when the stock price is high---UPS will make a major acquisition using the high stock price as leverage to buy/trade!!!!</p><p></p><p>It is easy to pass blame--------and remember this--when the contract negotiations are not settled and our stock price is dwindling---don't blame Mike---but rather look yourself in the mirror!</p></blockquote><p></p>
[QUOTE="upsdawg, post: 172881, member: 2020"] Mike has brought UPS from a $25 Billion company to almost a $40 billion company---and is responsible for a company that represents 5% of the GND. Would you rather have a company whose stock has increased and is fighting to not go into Chap 11?? One of the weak areas is the stock price----however when you are comparing other stocks--how many have paid the quarterly dividends that UPS does--and is financially strong --like AAA Bond rating strong---and has a$5 Billion cash reserve---and is in a position to make a major aquisition when it is available?? I do agree that it would be nice to have a higher stock price and see stock splits like the days of old when we were a privately held company--but those days are gone!! My prediction is this------UPS will buy back major shares and get the price of stock up there in the next 6 months--than when the stock price is high---UPS will make a major acquisition using the high stock price as leverage to buy/trade!!!! It is easy to pass blame--------and remember this--when the contract negotiations are not settled and our stock price is dwindling---don't blame Mike---but rather look yourself in the mirror! [/QUOTE]
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