Ed Wolfe Quotes
We expect the stock to rally on the unexpected fuel surcharge announcement... Back of the envelope fuel surcharge could equate to 1 to 2 cents upside in the third quarter, 4 to 5 cents a share upside for the fourth quarter and 15 to 20 cents upside during 2001 if it were to remain in effect. 
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Expect | Stock | Rally | Unexpected | Fuel |
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We continue to believe that while domestic express volumes may be close to a bottom, ground volumes, (international express shipments) and especially yields are several quarters away from bottoming.
- Ed Wolfe
This will be very positive for UPS over the long term... This is not material to earnings per share during the next few years, but over time it will be an important growth engine. It is also important to UPS because of the validation of the political time and effort they spent in winning support on Capital Hill for these slots.
- Ed Wolfe