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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Ron Bower who wrote (2507)	11/17/1997 10:58:00 PM
From: Paul Senior	Respond to of 78627

Ron Bower: re: RTEX. This one might be okay. Union Pacific is having its troubles and I think there's been some gov't/customer discussion that perhaps UPN should offload some of its bus. to other lines, and maybe RTEX might be one of the ones ...if it's got the right rail and this comes to pass (UPN says not necessary). Not sure about long term investment in rails....Are you the person who follows the Wisconsin line which also has foreign rail ops? That seemed or seems to have worked out okay (stock was up when I looked). So many rr's have gone bust even though they show good book value. I am following UPN and maybe will consider buying if it retests its low. Co. is big and esp. in the South and with Mexico; dividend protection (maybe), beat down but will recover. Also re. rails, I still hold and like GATX at current price. Paul