Re: PC: Re: PC, Conrail and the Facts of Life

[EMDSD80MAC@xxxxxxx]

Lee,
The profits that Conrail turned back to the stockholders were phenominal. 485 
million for the year by 1988 If U bought 10 shares at initial offering 
(13.20), You paid 132.00 when it split 2 for 1 @ 99.00 per share... your 
stock was worth 1980.00. when the stock was recalled in 1998 Conrail paid 
115.00 per share...your stock was worth 2,300.00 or about a 200 percent gain! 
My friend at work who worked for Conrail sold his stock (from profit sharing 
and built a house!) ED