Monday, June 23, 2008

Water Torture


UPS joined lots of other economically-sensitive companies today saying the current quarter and year estimates just ain't happening.

High fuel costs, customer nausea over price increases and who-the-hell-knows what else are leading to an earnings malaise that is not threatening to get out of the way any time soon.
I was at a car dealership today and asked my sales guy how business was going. He said something like, "Well, I've been doing this for 20 years and ............."
I'm not a fan of this action.




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