Forum Archive Index - May 2003
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[sharechat] Trans Rail & Rail America
From: |
Marilyn Munroe <who.c@res.co.nz> |
Date: |
Sun, 18 May 2003 15:52:02 +1200 |
Quote from the business section of Saturdays Christchurch Press by Mr van
Onselen, who will set up RailAmerica in New Zealand
"The light density nature of the railroad doesn't allow the income of the
railroad to be sufficient for upgrading."
"So you get vicious circles of income not sufficient, so upgrading doesn't
occur, so income is not sufficient."
Quite. So those analysts saying Trans Rail is worth more should be telling
their clients that they are just trying to talk up the price, and on no
account should they (their clients) be left holding on to this turkey.
Boop-boop-de-do Marilyn
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