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   RAILFAN      Trains, model railroading hobby      3,261 messages   

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   Message 2,487 of 3,261   
   Sancho Panza to Stephen Sprunk   
   Re: more fuzzy math, was National FREIGH   
   08 Apr 14 19:42:02   
   
   From: otterpower@xhotmail.com   
      
   On 4/8/2014 7:30 PM, Stephen Sprunk wrote:   
   > On 08-Apr-14 18:13, Sancho Panza wrote:   
   >> On 4/8/2014 7:04 PM, Stephen Sprunk wrote:   
   >>> On 08-Apr-14 16:18, Sancho Panza wrote:   
   >>>> On 4/8/2014 3:04 PM, Stephen Sprunk wrote:   
   >>>>> It's trains running on your beloved _freight_ network that lose   
   >>>>> enormous   
   >>>>> amounts of money, almost entirely due to lack of capital investment,   
   >>>>> which hurts both passenger _and_ freight service.   
   >>>>>   
   >>>> On the contrary, Union Pacific stock has been quite a strong performer   
   >>>> for the last several years, and Burlington Northern has not been one of   
   >>>> Berkshire Hathaway's shabbier contributors, either.   
   >>>   
   >>> They don't run passenger trains, except under contracts where they're   
   >>> guaranteed to turn a profit regardless of performance.   
   >>>   
   >> No one said they did. The response was your assertion about losing money   
   >> on the freight network, which is overwhelmingly involved in moving freight.   
   >   
   > That I was referring to passenger trains was obvious, at least until you   
   > snipped the context so you could deliberately misinterpret it.   
      
   And that ties together strong financial performance with "lack of   
   capital investment" how?   
      
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