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Its time for railfans to put there money were the mouth is and Fund a Railroad IPO and run a RR!
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[quote]QUOTE: <i>Originally posted by edblysard</i> <br /><br />Lets see, <br />For 200 million, lets suppose you buy say, 25 new MK1500Ds...at 1 million each, that leaves you 175 million,,,so at a average of 1 million per mile, you can buy 175 miles of railroad, forgeting the salries of employees, insurance, maintainance of buildings, administration cost, (did I mention insurance?) cost of fule, sand, oil, (55 gallon drums Texaco lube aint cheap) and on and on... <br />You gotta raise a lot more that 200 million, althought that might get you a vote or two on UP"s board of directors, maybe... <br /> <br />Ed <br />[/quote] <br /> <br />$200M would give you a decent shot at the KCS. $15.00/share on friday. So if you put in $150M of your stake into KCS that's be 10Million shares or just under 1/6th of the 62,674,000 shares outstanding. I'm sure you'd get some directors and perhaps even control, with ca***o spare... <br /> <br />LC
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