NYRR,What is going on? Message Board

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

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To: mivicap who wrote (3832)	5/15/1999 11:10:00 AM
From: Dwayne Hines	of 4304

There is $4.75 million in a grant from ISTEA/CMAQ (the congressional highway-infrastructure pork giveaway from last year) coming in to NYRR Several good points to this money. It is similar to getting $50 million in gross revenues (at a 9 percent margin). The $4.75 mil into infrastructure is "most capital" because infrastructure to a RR is like R&D to a tech company - you usually get more out than you put in. Let's say that they only get back $3 million from it in revenue the first year - but it is not a single return on the money - it is annual, and continual. So maybe they get the $3 million a year more in revenue due to infrastructure upgrades - but for the next 20 years. And the best point of all - this initial $4.75 million - as a grant, is totally free $$ to the RR.

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