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Brown Cafe UPS Forum
UPS Union Issues
Teamsters suck
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<blockquote data-quote="SolidWoodPanel" data-source="post: 3524188" data-attributes="member: 68397"><p>It's not just our company either. Pepsi and Dr. Pepper are both valued as twice as much as Coca Cola. One of the reasons also happens to by stock splits which are used by company's when they feel can can't bring in new investors at say $180 a share so they'll give 3 shares to current holders in order to bring the price down to $60 and bring in that new money. I've heard for years that UPS might split its stock but with the market as a whole up so much it would look bad if we cut to $55-60 and then a recession brought the stock down another $15-30. It would force UPS to buyback shares which would be a waste of money.</p></blockquote><p></p>
[QUOTE="SolidWoodPanel, post: 3524188, member: 68397"] It's not just our company either. Pepsi and Dr. Pepper are both valued as twice as much as Coca Cola. One of the reasons also happens to by stock splits which are used by company's when they feel can can't bring in new investors at say $180 a share so they'll give 3 shares to current holders in order to bring the price down to $60 and bring in that new money. I've heard for years that UPS might split its stock but with the market as a whole up so much it would look bad if we cut to $55-60 and then a recession brought the stock down another $15-30. It would force UPS to buyback shares which would be a waste of money. [/QUOTE]
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