Ed Wolfe
FameRank: 4

"Edward Anthony Wolfe" was a professional baseball pitcher. He appeared in three games as a relief pitcher in Major League Baseball for the Pittsburgh Pirates during the 1952 season. Listed at 6' 3", 185 lb., he batted and threw right-handed.

A native of Los Angeles, California, Wolfe posted a 7.36 earned run average/ERA and did not have a decision or save (sport)/save, giving up three runs on seven hits and five base on balls/walks while strikeout/striking out one in 3.2 innings of work.

Wolfe died in Modesto, California, at the age of 80.

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

We don't anticipate any impact on the stock. While Kelly has been both an important and strong leader as well as a terrific man, UPS is a large company with great management depth run by committee.

We generally see exposure of less than 10 percent of earnings if a strike lasted an entire quarter, which we believe is highly unlikely.

It is still too early to own ground transportation names.

Our conclusion is that despite some of the positive remarks from Roadway, actual performance and guidance lead us to believe that it is still too early to own ground transportation names and that we may continue to see additional signs of slowing and operating ratio deterioration before the economy begins to turn.

FedEx is looking for ways to reinvent itself. This gives me some hope.

If after the report on Wednesday investors believe that FedEx will be able to post double-digit (earnings per share) growth during the first half of the fiscal year 2001, we believe the stock should begin to act a bit better. If FedEx management guides the street downward, we believe the stock will be dead money for some time.

The earnings implications are probably immaterial, but perception of UPS as a new economy supply chain information provider is real.

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.