Our CEO

[ImpactedTSG]

Why is FedEX stock higher than UPS? They have non-union labor, lower wages, and no comapny paid benefits. That means they keep more of what the make, which makes them much more attractive to investors than UPS. Plus, UPS has the bulk of the shipping business now so what direction can they go but down? FedEX has much more potential because they have a smaller piece of the pie to start with.

 

[Anonymous Poster]

JIM MUST GO.

Jim will leave after the celebrating is over. Hubris is a cardinal sin. Nonetheless, our CEO is showing he can HUBRIS with the best of the them. The real question is "Why wasn't UPS back dating options?" Heck, everybody was doing it. Was our CFO too stupid or too smart to do that. Now, IF we had back dated options, then JIM would be gone. Scott would be gone. And, probably Dave, too. Our troubles would be over or maybe just beginning. WHO WOULD BE THE REPLACEMENTS?

The reason they didn't backdate options is that they probably know the stock price has no reason to move in the near future. A stock price has to go up in order to make money on options whether they're backdated or not. What will they make if they cherry pick the date - a couple more bucks a share? Not worth their time and risk.

 

[canon]

Canon...it's early and I'm not thinking too clearly yet, but wouldn't that 'backdating' thing make the cap. gains tax higher when they sell the stock?

One would think so.