LAMCO is not acceptable as an "AAR Reporting mark". Reason for rejection "excessive letters". The 4-letter "approved" reporting mark will now be recognized as "LAMX"...unless there is already a "LAMX" which I dint know about.
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If you are in a horror movie, you make bad decisions, its what you do.
Krink, we don't care about no stinkin' FRA rules. LAMCO, LARRCO, 2LARRCO, LINTCO, and I can't remember the other one, are acceptable reporting marks here at BurningJournaldotcom. Remember, we're rebels. Or outcasts. Or maybe the fun bunch. Or we refuse to comply to the restrictions of foolishness. Or something.
Hmmm... After all the dust settled, and the fallout from the ICC becoming STB... And the FRA accepting (?) what was left south of the Dew Line, more'n a few outfits disappeared.
The bigs grew bigger, the weaks either were killed off entirely (Think Rock, and Milwaukee), or were eaten up by fatter fish!
Thought we'd (BN) would gobble up SP, and UP would eat SF. The opposite happened instead. Back east Conrail was doing just fine once it slimmed down...and went private. Alas that one was divvied between NS (LAMCO) and CSX...although nobody remembers their BurningJournaldotcom handles.
The two Canuck outfits...CP, and CN (LINTCO), have trimmed their properties...and now compete head-ta-head, from their common coastal terminals... Poor little BC Rail was sucked inta CN. I always thought they'd survive intact. And CN also ate up a few properties in the states as well...
Lotsa shorties and regionals stayed above the fray... Consider Kansas City Southern (KCS). Always hoped somebody woulda bought 'em so my stock woulda been tendered... Nope! Sold it. A gain...
So who knows all the shortened names? We know who LAMCO is, and 2LARRCO, and LINTCO. Maybe LARRCO... But the rest of 'em?
-- Edited by Uke on Wednesday 19th of September 2012 01:06:57 PM
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Hmm. That address doesnt look right. It looks like the link pointing here was faulty.
Maybe ten years ago, about the time I started sneaking around on the real rr board, the rail stocks started to look good to me. I kept buying and the stock prices kept going up; bought the four bigs and KSC. All did well, but the dividends lagged the growth.
Net it out they are all sold, with my best returns coming when Mr B. was bidding up the price of BNSF. Some of my info came from listening to you folks on BJ--thanx.
Now I never got rich, but the rails made my IBM retirement a lot less painful.
[My thot process went something like this: Most of the stuff from China lands on the left coast and has to be hauled, even tho we didn't make it. All coal has to be hauled, and the stuff from the prb has to be hauled the most/farthest. Since no new rail lines are being built, the existing ones have a monopoly--enjoy your monopoly]
After dumping my last few shares of KCS last year, I sorta regret doing so. They're probably in the best position (financially) that they've been in for years. New CEO (Dave Starling) who seems ta wanna improve the entire route, including the Mexico corridor...
My regret at selling? The price appreciation. While I probably doubled my money... The stock price has shown greater growth this year. But I still maintain that they, Kansas City Southern, might've helped shareholders a bit more by paying a dividend.
But...thy plowed profits back inta the system...so it's probably evened out... In any case as an ex-KCS owner, I got nothin' ta say!
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Hmm. That address doesnt look right. It looks like the link pointing here was faulty.