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Corporate practice .

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El Coke

November 28, 2000 09:14AM

First America aquired two other operations (California Western and Smoky Mountain[?]) the last year and a half.They maybe using the profits of the "flagship" operation (D&SNG) to finance the start-up costs of such takeovers . Also it has been reported to me that First America may buy
out Bradshaw early . This is a common corporate practice ,as mergers and aquisitions in big companies invariably lead to layoffs in all companies involved . The fine line is that railroads are labor-intensive ,and there is a danger of"robbing Peter to pay Paul".

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Subject	Author	Posted
D$S holiday surprise	El Coke	November 28, 2000 07:28AM
Re: D$S holiday surprise	Will Gleckler	November 28, 2000 08:26AM
Corporate practice .	El Coke	November 28, 2000 09:14AM
Re: Corporate practice .	Will Gleckler	November 28, 2000 01:44PM
Re: D$S holiday surprise	rick b	November 28, 2000 11:50AM
Druthers	El Coke	November 28, 2000 02:57PM
Cash $ Cow	Hoss	November 28, 2000 07:20PM
Re: D$S holiday surprise	Stevo del Applegato	November 28, 2000 09:53PM
Probably temporary .	El Coke	November 28, 2000 10:36PM
Re: Probably temporary .	Steve C	November 29, 2000 03:20AM
Re: Probably temporary .	Will Gleckler	November 29, 2000 09:54AM
Not in my case	Ken Queen	November 29, 2000 10:57AM
Lets have a reality check here	Kelly Anderson	November 29, 2000 08:44PM
Who needs the reality check?	Ken Queen	November 29, 2000 09:06PM
It's a tough row to hoe	El Coke	November 30, 2000 10:52AM
I see it coming	Ken Queen	November 30, 2000 12:20PM

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