To: robert heisman who wrote (3925 ) 6/1/1999 9:08:00 AM From: Jim Johnson Read Replies (1) | Respond to of 4304
Robert, <<I fully understand they are extremely busy at this point, but they also MUST keep we the shareholders in the back of their minds. >> I was in NYC the week before last and took the time to visit the NYRR office and yard. I also spoke to several people in the office and I think I can assure you they DO have the shareholders interests in the FRONT of their minds. What you have to remember is that they have a railroad to run and a railroad they are working their butts off to gear up to handle this new traffic that will begin as of today. They have installed all new computers, networked them and they are now directly linked to both Norfolk Southern and CSX to track incoming and outgoing car movement. They are now also Y2K compliant. What this new computer system does is to allow them to "see" what traffic is heading towards them so they can be manned and ready for it before its arrival. They can also track outgoing customer cars so customers can be informed of delivery date, etc. They have purchased new (rebuilt) locomotives to handle the freight load, have completely rebuilt the float loading dock infrastructure at the Brooklyn main yard, repaired huge amounts of rail in the switch yard (replaced ties, switch ties, rail, plates, etc). The people at this railroad have been working thier tails off preparing the company for this day and as I see it, they are ready to handle the business. And they have done all this while handling virtually all the cocoa bean traffic into NYC and all the scrap coming out of the transit system and all the other day in day out business that has occured. I think they have done one hell of a job of keeping the stockholder in mind. Jim J