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PC: Re: Why no money?
- Subject: PC: Re: Why no money?
- From: "weldon" <weldon@xxxxxxxxxx>
- Date: Mon, 19 Mar 2001 08:29:21 -0500
PC was forced to swallow NH against its will, but remember, it also ate a
lot of poison pills of its own. I think the biggest problem with the
railroad portion was its total inability to assimilate the two existing
cultures, much less information systems, signalling and radio systems.
I think it is fair to say that PC management sought to diversify because the
regulatory situation on the Railroad made it impossible to guarantee a
profit on steel wheels alone.
Oh yes, and they had no money.
From: WLE2679 -AT- aol.com <WLE2679@aol.com>
To: penn-central -AT- smellycat.com <email@example.com>
Date: Sunday, March 18, 2001 10:47 PM
Subject: PC: Why no money?
>WHY did PC go bankrupt? Was it because of the NH? Thats what I think from
>reading PC Power's beginning.......
>Matt "The Z Man" Adams
>CSXT MP BAX 3.6 - Frederick Branch; Old Main Line Sub; Baltimore Division
>PC Frederick Secondary MP 68.8
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