PC: Re: Why no money?

["weldon" <weldon@xxxxxxxxxx>]

PC was forced to swallow NH against its will, but remember, it also ate a
lot of poison pills of its own.  I think the biggest problem with the
railroad portion was its total inability to assimilate the two existing
cultures, much less information systems, signalling and radio systems.

I think it is fair to say that PC management sought to diversify because the
regulatory situation on the Railroad made it impossible to guarantee a
profit on steel wheels alone.

Oh yes, and they had no money.
Lee
-----Original Message-----
From: WLE2679 -AT- aol.com <WLE2679@aol.com>
To: penn-central -AT- smellycat.com <penn-central@smellycat.com>
Date: Sunday, March 18, 2001 10:47 PM
Subject: PC: Why no money?


>WHY did PC go bankrupt?  Was it because of the NH?  Thats what I think from
>reading PC Power's beginning.......
>
>Matt "The Z Man" Adams
>CSXT MP BAX 3.6 - Frederick Branch; Old Main Line Sub; Baltimore Division
>PC Frederick Secondary MP 68.8
>
>