March 31, 1999
FDX price (3/30/99): $97 1/2
The parent company of Federal Express, FDX (NYSE: FDX), has a Duel to deliver this week. Will you please sign for it? We have Paul Larson (TMF Parlay) willing to lend his John Hancock to the bullish camp. Rick Munarriz (TMF Edible) will scribble away with a bearish bent.
You Get to Vote!
Once you've read the arguments and the rebuttals, it's your time to cast your vote. We'll tabulate results each week and revisit them from time to time to see whether you were right! As always, we invite you to join us in the Dueling Fools Message board to continue the duel.
[Any suggestions, comments, praise, or flames, please send them along to the Dueling Fools Team.]
The case for FDX is a piece of cake to write since I think the stock may be one of the most obvious "no brainers" on the market today. With Federal Express being the world's largest air express company, FDX is an excellent way for investors to take advantage of the growth of electronic commerce. And unlike some of the other companies benefiting from the Internet, FDX is one of the few that has a down-to-earth price tag.
I'm not sure what has more momentum right now, a Federal Express jet barreling down a landing strip or the shares of FDX itself. Ultimately they will both come to grinding halts. However, only one will find itself near a refueling station with clearance to hit the skies again.
It's not FDX.
Results for last week's Gillette Duel
|I can't make up my mind||
|TMF Seymor's Bull argument||
|TMF Gump's Bear argument||
|They were both excellent||
|They were both lame||