I like where we are in the cycle. You don't buy them when things are good. You buy them when things are bad, in front of Fed easing and fuel coming down, that's when you buy them.

Clearly, further weakening in domestic express and international volumes is not a good sign for UPS as well.

We can't be buying things like that. When we do buy instruments, we want a good deal.

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.

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.

We've never seen a beast like UPS, ... It's best in class, six times bigger than its next largest competitor. They set pricing. They have best returns in the integrated (freight transportation) sector.