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Microcap & Penny Stocks : NYRR,What is going on?

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To: mivicap who wrote (4041)7/15/1999 11:04:00 PM
From: Dwayne Hines  Read Replies (2) of 4304
 
On the press release:
I like to see the mention of the lawsuit vs. Conrail - "Bentley also reported that the Company is working to try to mediate a settlement with both Norfolk Southern and CSX, who assumed responsibility for the Conrail lawsuit as a result of their acquisition of Conrail."
NYRR has plenty of leverage in this because the Surface Transportation Board (STB) is watching CSX/NS very, very closely and insuring that they are playing in a proper competitive spirit - which favors NYRR for the non-competitive years that Conrail scooted around them.
Also see post 4037.
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