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Re: Rail America (it's dead quiet)
Author: David
Date: 11-17-2006 - 17:56

I have been in and out of Railamerica (NYSE: RRA) stock a few times. I first became an RRA shareholder when I owned Railtex stock and RRA bought them out for Cash + RRA stock. The past 2-3 years RRA stock has moved sideways. The price tendered to RRA is a 49 percent premium over the last 60 day average share price. That to me sound a little bit high, I figure there must me some hidden value or unrealized gains in RRA to get such a price. If the sale goes through, it will become a privately held company.

I want to keep a rail stock in my portfolio, anyone have any investment thoughts on Wabtec?

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Subject Written By Date/Time (PST)
  Rail America (it's dead quiet) Frank 11-17-2006 - 14:50
  Re: Rail America (it's dead quiet) David 11-17-2006 - 17:56
  Re: Rail America (it's dead quiet) Frank 11-17-2006 - 18:39
  Re: Rail America (it's dead quiet) CC 11-17-2006 - 21:08
  Re: Rail America (it's dead quiet) Jon 11-18-2006 - 19:56
  Re: Rail America (it's dead quiet) keith1707@earthlink.net 11-19-2006 - 04:12
  Re: Rail America (it's dead quiet) Hipshot 11-19-2006 - 09:14
  Rail America -- what is Fortress thinking? TMRail 11-19-2006 - 15:18
  Re: Rail America -- what is Fortress thinking? Frank 11-19-2006 - 17:27
  Union busting scumbags Bob Yarger 11-25-2006 - 07:09


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