Doug Rockel Ups Quotations

If you order a paperback book, slower delivery time via the mail or UPS is fine. But if you've ordered a fur coat, then FedEx is more of an option.

I think people still think of UPS as a strong and good company, but I think people are more rational now. They came in with fine earnings, but it wasn't the Internet play that people thought. The realization that traffic was up 5 percent, and that is equal to GDP growth, not two, three or 20 times GDP growth. The stock at that time had a premium valuation. Some of that premium has evaporated.

The tender offer tells me a lot of ups employees are incredibly loyal, that they believe in the company long-term. But I think there could be some selling of shares and until that overhang is taken up through higher demand, it will put pressure on the stock.