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Non-Tech : Railroad industry: Freight railroads/rail supply companies -- Ignore unavailable to you. Want to Upgrade?

To: Tom Murray who wrote (5)9/6/1998 9:31:00 PM
From: peter michaelson  Respond to of 13
 
Tom:

I just got this email from you via the India Rail email club IRFCA. It is you, isn't it?

I do a monthly newsletter on the rail industry, with a focus on rail stocks.

If you're interested in receiving a copy of the latest issue (9/5/98) by e-mail, let me know.

Tom Murray
tommurray@aol.com

P.S. I would love a copy. petermic@budget.net



To: Tom Murray who wrote (5)9/27/1998 4:08:00 AM
From: 246810  Read Replies (1) | Respond to of 13
 
Once the financial spinoff has been accomplished, KSU (which will then be a "pure" transportation company) proposes to do an equity offering in order to reduce the debt-equity ratio.

Can anyone tell me the reason to reduce debt. Interest rates are low, the stock price is battered and p/e ratio is still up in the sky (150).


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