This would be a good time to buy. It will go up. Now as far as a downturn, the market I work in hasnt seen a drop off. Its actually up 2% in the tristate area.(cincinnati area) We have captured many medical accounts and have seen the inbound climb as well. The IRS did drop that 300 million bit, the contractor model on the ground side has been changed. We have implimented cost savings, along with management taking substantial paycuts. (which UPS upper managemnt recently gave themselves an increase) The best thing about FDX and why I feel the stock is a good buy is the way they treat the employess. The no layoff policy at express, the recognition programs are still in place (unlike ups) Gaurenteed Fair treatment policy, employee incentive payouts and a list of others. After 28 yrs I still enjoy coming to work...how many folks can actually say that (honetly say that). With a motivated workforce and flexible business practices how can this not be a winner of a stock?? (As long as congress stays out of the business model that is...)
What's your job duties at Fed Ex if you don't mind me asking? Are you a Team Leader? I got that from some videos at your website. What exactly is a Team Leader... is that a supervisor or can all employees be Team Leaders?
How does a company guarantee fairness? No offense, but the complexion of each personality,religious belief or lifestyle varies greatly with 290,000 employees. How do they execute on that guarantee?