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Re: PC: It was a bad move anyway?!?



I guess I was wondering what your point is, Larry?  Are you anti - Conrail, 
or anti - PC, or pro - Conrail, pro PC, anti - NS, CSX?  I just am having a 
hard time determining the crux of your argument.  Your points are well - 
taken, though.
Have a good day,
Jim

>From: larryzong -AT- webtv.net (Larry Zong)
>Reply-To: penn-central -AT- smellycat.com
>To: penn-central -AT- smellycat.com
>Subject: Re: PC: It was a bad move anyway?!?
>Date: Sun, 16 Apr 2000 17:22:28 -0400 (EDT)
>
>conrail may have gotten federal funds but it all returned when the stock
>was sold the govt didnt lose any money. i also read the wreck of the pc.
>when cr was formed the money was all returned. then cr made some inroads
>by getting rid of some rail lines that were non profitable. then the
>states took over these non profitable lines and that is when these short
>line carriers took over. and each year the states dropped the percentage
>and the shortlines had to take on more responsibility. that went on for
>5 years. now they must go it alone. if the line didnt have a 100 cars
>per mile then cr got rid of them, no profit.
>want me to keep going on?
>
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