NYRR,What is going on? Message Board

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

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To: Katz R Us who wrote (3704)	2/23/1999 10:57:00 PM
From: 246810	of 4304

Dale Doner probably sold his shares in August. I don't think you have to file a 144 until the day you sell, although you could do it as much as 90 days ahead. But why would you, and depress the stock before you sell? NYRR has needed cash over the years to fund operating and capital expenses. They still show a sizeable loss as revealed by the press release. So I assume they have sold stock from time to time from the authorized but unissued hopper. Nothing particularly sinister here. Other penny stockholders (including me) have been taken to the cleaners by unscrupulous management of pennies. NYRR is pretty straight forward about admitting to private issues, debt to equity conversions and the lack of profit. I have pretty much given up trying to learn anything new. We must have patience until June and see how much traffic NS feeds to us. It won't be much because Long Island doesn't get much from Selkirk anyway and how much of that comes from the south? The next plateau to strive for will be the result of shifting containers from truck to rail barge. If only the city would build a container off-loading facility on Long Island and force the truckers to use it . . . !!!!! 246810

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